Singapore stocks opened higher on Thursday morning, tracking gains in global markets after news that US core inflation had slowed to its lowest rate in three years and retail sales were flat, raising hopes for possible rate cuts.
In the broader market, there were more gainers than losers, with 102 stocks up and 39 down. A total of 75.2 million securities valued at S$88.1 million were traded.Thai Beverage dropped by 1%, losing S$0.005 to S$0.495, with 8.5 million shares exchanged. Genting Singapore fell by 1.6%, down S$0.015 to S$0.91, with 8.1 million shares traded. Mermaid Maritime saw a more significant drop of 7.2%, losing S$0.011 to S$0.141, with 3.5 million shares changing hands.
The Dow Jones Industrial Average climbed by 0.9% to 39,908, nearing the 40,000-point milestone. The broad-based S&P 500 rose by 1.2% to 5,308.15, and the Nasdaq Composite Index increased by 1.4% to 16,742.39, setting a new record for the second day in a row.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Singapore shares took a dip on Thursday—STI dropped by 0.3%In the broader market, 65 stocks went down while only 39 went up after 23 million securities valued at S$42.4 million changed hands.
Source: IndependentSG - 🏆 9. / 63 Read more »
Thai actor Gulf Kanawut holding Singapore fanmeet, tickets now on saleBest known for his 2019 boys love drama TharnType: The Series, Thai actor Gulf Kanawut will be making his way to Singapore for his first fanmeet here this month. The event will be held at the Capitol Theatre on May 31, 7.30pm. Tickets are priced at $168, $238, $288 and $428 for Silver, Gold, VIP and SVIP tickets respectively. Prices...
Source: asiaonecom - 🏆 10. / 59 Read more »
Singapore shares kicked off on Thursday—STI up by 0.5%A total of 68.7 million securities, valued at S$106.2 million, changed hands during the morning session.
Source: IndependentSG - 🏆 9. / 63 Read more »
Singapore stocks declined on Thursday—STI dipped by 1.1%The market saw more losers than gainers, with 84 stocks on the decline compared to 30 on the rise.
Source: IndependentSG - 🏆 9. / 63 Read more »
Singapore shares rose on Thursday—STI climbed by 0.3%Trading activity was brisk, with 73.8 million securities worth S$64.3 million changing hands.
Source: IndependentSG - 🏆 9. / 63 Read more »
‘Make merry while we still can’: Ex-crew members of SIA and its predecessor get togetherSINGAPORE - Some 130 former crew members who used to work for Singapore Airlines (SIA) or its predecessor, Malaysia-Singapore Airlines (MSA), attended a soiree at the Singapore Cricket Club on April 28.
Source: STForeignDesk - 🏆 4. / 71 Read more »