SINGAPORE equities began trading in positive territory on Friday (Jun 21), mirroring overnight gains in Europe.
As at 9.01 am, the Straits Times Index (STI) opened 0.2 per cent or 5.42 points higher at 3,305.42. Across the broader market, gainers outnumbered losers 59 to 36 after 35.4 million securities worth S$46.8 million changed hands.
One of the most actively traded counters by volume was Yoma Strategic, which rose 2.7 per cent or S$0.003 to S$0.116 with 4.5 million shares changing hands.
Other heavily traded securities included Genting Singapore, which rose 0.6 per cent or S$0.005 to S$0.875. Shares of Singtel inched up 0.4 per cent or S$0.01 to S$2.64.
Local banking stocks were trading mixed at the open. DBS rose 0.3 per cent or S$0.10 to S$35.57. UOB edged up 0.03 per cent or S$0.01 to S$30.52. OCBC declined 0.3 per cent or S$0.04 to S$14.15.
Wall Street stocks ended mixed on Thursday. The tech-rich Nasdaq Composite Index finished down 0.8 per cent at 17,721.59, after shares of Nvidia and other artificial intelligence-linked equities fell. The broad-based S&P 500 declined 0.3 per cent to 5,473.17, while the Dow Jones Industrial Average climbed 0.8 per cent to 39,134.76.
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European shares climbed amid a global upbeat sentiment. The pan-European Stoxx 600 ended 0.9 per cent higher at 518.91, led by technology and real estate stocks.
