Thursday 23 March 2017

SINGAPORE STOCKS & SHARES OPEN 0.1% UP AND STI DOWN TO 0.23%


SINGAPORE stocks opened 0.1 per cent higher on Thursday, with the Straits Times Index moving up 2.19 points to 3,120.38 as at 9.01 am.

About 60.6 million shares worth S$52.7 million in total changed hands, which worked out to an average unit price of S$0.87 per share.

The most actively traded counter was Healthway Medical, which rose S$0.001 to S$0.045 with 12.9 million shares changing hands. Other actives included Yangzijiang and ISR Capital.

Gainers outnumbered losers 79 to 41, or about two up for every one down.

STRAITS TIME INDEX (STI):
Analyst forecasts today won't bring any improvement.

The Straits Times Index (STI) ended 7.13 points or 0.23% lower to 3158.57, taking the year-to-date performance to +9.64%, according to SGX. The top active stocks yesterday, March 22, were DBS, which declined 0.05%, Singtel, which declined 1.50%, UOB, which declined 0.27%, CapitaLand, which gained 0.27% and OCBC Bank, with a 0.10% fall. 

The FTSE ST Mid Cap Index declined 0.12%, while the FTSE ST Small Cap Index rose 0.11%.
According to OCBC, the mixed reactions on Wall Street overnight are unlikely to bring any inspiration to the local bourse this morning. 



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