SINGAPORE - Singapore shares edged higher on Friday morning , with the Straits Times Index gaining 0.2 per cent, or 5.19 points to 3,200.15 as at 9am.
The Dow Jones Industrial Average ended the day up 0.2 per cent, rising for the seventh straight session. Both the broad-based S&P 500 and the tech-rich Nasdaq Composite Index climbed 0.3 per cent. Among the most heavily traded by volume, Yangzijiang Shipbuilding was flat at $1.11, with almost 2 million shares traded. The stock continues to recover after diving 30 per cent over two sessions last month.
Banking stocks were all in the green in the morning trade - DBS rose 0.4 per cent, or nine cents to $25.46; OCBC bank gained 0.6 per cent, or seven cents to $11.08; and United Overseas Bank was up 0.1 per cent or three cents to $26.44.
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