SINGAPORE shares started trading in positive territories on Wednesday (Feb 5), mirroring global markets.
As at 9.01 am, the Straits Times Index (STI) was up 0.2 per cent or 6.68 points higher at 3,829.69. Across the broader market, gainers outnumbered losers 70 to 30 after 24.9 million securities worth S$59 million changed hands.
Among the actively traded counters by volume was CapitaLand Integrated Commercial Trust, which rose 0.5 per cent or S$0.01 to S$1.94, after 2.8 million units changed hands.
Units of Keppel DC Reit increased 2.8 per cent or S$0.06 to S$2.20. Shares of Wilmar International gained 1.3 per cent or S$0.04 to S$3.22.
Local banking stocks were trading in mixed territories. DBS shares were up 0.1 per cent or S$0.04 at S$44.46. UOB shares declined 0.03 per cent or S$0.01 to S$37.26. OCBC shares also dropped 0.1 per cent or S$0.01 to S$17.25.
Wall street stocks rose on Tuesday, after President Trump’s moves to delay tariffs on Canada and Mexico. The Dow Jones Industrial Average gained 0.3 per cent to 44,556.04. The broad-based S&P 500 gained 0.7 per cent to 6,037.88, while the tech-rich Nasdaq Composite Index jumped 1.4 per cent to 19,654.02.
In Europe, shares edged higher on Tuesday, as investors shifted their focus to quarterly earnings reports from companies, while caution prevailed about potential US tariffs. The pan-European Stoxx 600 index closed a choppy session up 0.2 per cent at 536.04 points.
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