Banking stocks rose in early morning trade. DBS was trading up 0.1 per cent or S$0.02 at S$19.30 on a cum dividend basis. UOB was up 0.4 per cent or S$0.08 to S$20.10 on a cum dividend basis, while OCBC rose 0.3 per cent, or S$0.03 to S$8.89 on a cum dividend basis.
Other active index counters included CapitaLand Mall Trust which advanced 0.5 per cent or S$0.01 to S$1.86 and the Singapore Exchange which moved up 1 per cent or S$0.10 to S$9.93.on Friday as US officials moved forward with plans to gradually reopen the economy. The Dow Jones Industrial Average added 3 per cent, ending at 24,242.49. Meanwhile, the S&P 500 gained 2.7 per cent to 2,874.56, while the tech-rich Nasdaq Composite Index rose 1.4 per cent to 8,650.14.
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