Singapore stocks rose on Friday’s open—STI gained 0.3% Singapore News

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Singapore stocks rose on Friday’s open—STI gained 0.3% Singapore News
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Singapore stocks opened higher on Friday , supported by better-than-expected GDP growth and an improved economic forecast for the year.

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This came even as the government lowered its expectations for exports.

In the broader market, 72 stocks gained while 24 fell with 46.9 million securities valued at S$48.9 million traded. Banking stocks were mixed on Friday’s open. UOB rose 0.4%, or S$0.15, to S$36.30, while OCBC gained 0.3%, or S$0.05, to S$16.48. DBS dipped inched down 0.02%, or S$0.01, to S$42.55. European stocks also closed higher on Thursday, breaking a four-day losing streak, driven by gains in technology and energy sectors. The pan-European Stoxx 600 rose 0.4%, closing at 502.54.India’s love affair with cars shifts into high gear as SUV sales soar

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