Singapore stocks declined on Friday’s open—STI dropped 0.1% Singapore News

  • 📰 IndependentSG
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Singapore stocks opened lower on Friday , despite an upbeat performance in global markets the previous day. The Straits Times Index dropped 0.1%, or 4.72 points, to 3,628.

46 by 9:03 am, reported The Business Times.

In the broader market, 69 stocks gained while 57 fell, after a total of 60.5 million shares valued at S$98.1 million were traded. Offshore and marine company Seatrium led in trading volume. Its shares increased by 0.6%, or S$0.01, to S$1.75, with 4.9 million shares exchanged. Resort and casino operator Genting Singapore, despite heavy trading, traded flat at S$0.855. Meanwhile, Jadason Enterprises jumped by 11.8%, or S$0.002, to S$0.019.DBS increased 0.5%, or S$0.20, to S$38.70. UOB fell by 0.1%, or S$0.03, to S$32.70, while OCBC dropped 0.3%, or S$0.04, to S$15.42.

On Wall Street, stocks closed higher on Thursday after the US Federal Reserve cut interest rates to support the labour market. The Dow Jones climbed 1.3%, closing at 42,025.19, its first close above 42,000. The S&P 500 also reached an all-time high, rising 1.7% to 5,713.64, while the tech-heavy Nasdaq Composite Index climbed 2.5% to 18,013.98.In Europe, stocks also rose following the Fed’s 50 basis point rate cut, which eased concerns about a potential economic slowdown.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 2. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Singapore stocks declined at the start of Wednesday trading—STI dropped by 0.5% Singapore News%
Källa: IndependentSG - 🏆 2. / 72 Läs mer »

Singapore stocks opened with little change on Thursday—STI rose by 0.02% Singapore News%
Källa: IndependentSG - 🏆 2. / 72 Läs mer »