Singapore, Singapore Stocks, Straits Times Index

Singapore, Singapore Stocks

Singapore shares open higher on Wednesday; STI up 0.6%

#Singapore shares open higher on Wednesday; STI up 0.6%

5/8/2020 4:37:00 AM

Singapore shares open higher on Wednesday; STI up 0.6%

SINGAPORE stocks began trading in positive territory on Wednesday, extending a rally overnight that ended a three-day losing streak. Read more at The Business Times.

Tell us what you think. Email us atOther active counters included CNMC Goldmine which rose 3.5 Singapore cents or 11.3 per cent to 34.5 cents, and Singapore Airlines (SIA) which advanced S$0.12 or 3.6 per cent to S$3.49.SIA will likely see a, which were poised to debut on the Boeing 777-9 in 2022. The national carrier is also in talks with planemakers Airbus and Boeing to postpone taking delivery of new aircraft, as it seeks to defer capital expenditure.

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Over in the US, Wall Street stocksended a choppy session higher on Tuesday, with the Nasdaq climbing to a fresh record, as markets monitor Washington negotiations on another relief package. The Dow Jones Industrial Average ended at 26,828.47, up 0.6 per cent. The S&P 500 advanced 0.4 per cent to 3,306.51, while the tech-rich Nasdaq Composite Index climbed 0.4 per cent to finish at 10,941.17.

European shares, after regaining some ground in late afternoon trading. Meanwhile, BP shares surged after it laid out plans to cut its oil and gas output and boost investments in renewable energy.Elswhere in Asia,after two days of rallies. The benchmark Nikkei 225 index and the broader Topix index both slipped 0.5 per cent each in early trade.

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Singapore shares rise at open tracking Wall Street gains; STI up 0.6%SINGAPORE stocks opened higher on Tuesday following overnight gains on Wall Street and stronger openings from banks, partially offset by weaker openings from a few index counters. Read more at The Business Times.

Singapore stocks open lower on Monday; STI down 0.6%SINGAPORE shares continued their decline on Monday morning from the week before. Read more at The Business Times.

Malaysia: Shares open higher on TuesdayMALAYSIA share prices opened higher on Tuesday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index up 5.00 points, or 0.32 per cent, to 1,577.61 as at 9.05am. Read more at The Business Times.

Asia shares set to gain after manufacturing data, tech stocks boostAsian shares were on track to open higher on Tuesday, after strong manufacturing data and gains in tech stocks boosted global equities and the U.S.

Asia shares poised to open lower, gold at fresh recordAsia shares were set to open lower on Wednesday, following a choppy trading session on Wall Street and losses in Europe.

STI closes 1.24% higher, tracking global tech rallyTHE Straits Times Index (STI) tracked a rally in tech stocks on Wall Street and Hong Kong to rise 30.79 points or 1.24 per cent to 2,515.70 on Tuesday, ending a three-day losing streak. Read more at The Business Times.