Stock Market Analysis-Singapore Shares Open Up Today; STI increases 0.31% to 3,366.63

SINGAPORE share costs opened higher on Friday with the Straits Times Index (STI) up 0.31 for every penny, or 10.38 focuses, to 3,366.63 as at 9.03 am. 

Money Street shut generally higher overnight on any expectations of tax reductions. 

Top gainers in early morning exchange included United Overseas Bank, up 10 Singapore pennies to S$24.90, and OCBC Bank, which rose 5 Singapore pennies to S$11.62. 

Around 135.2 million offers worth S$99.1 million changed hands, with gainers dwarfing failures 93 to 47, or around two up for each one down.

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Stock Market Today-Singapore shares open 0.31% down today

SINGAPORE stocks opened lower on Thursday, with the Straits Times Index withdrawing 0.2 for each penny or 7.59 focuses to 3,336.29 as at 9.02am. 

This comes as US stocks fell into the red overnight, overloaded by dreary income and developing anxiety about expense change designs. The Dow Industrial and S&P 500 lists endured their most noticeably bad day in seven weeks. 

On the Singapore bourse, around 111 million offers worth S$122.9 million traded hands. Washouts dwarfed gainers 79 to 59. 

The most effectively exchanged counter was CSC Holdings, which rose S$0.003 to S$0.031 with 9.1 million offers evolving hands. Different actives included Jiutian Chemical Group and Artivision Technologies. 

Somewhere else, Australian stocks plunged 0.2 for every penny, while South Korea's Kospi was level. Japan's Nikkei, which had snapped a 16-day winning run the earlier day, rose 0.35 for each penny, Reuters detailed.

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SINGAPORE SGX MARKET SHARES RISE 14 POINTS AHEAD

SHARES in the Singapore bourse started Wednesday's trading higher with the key Straits Times Index up 14.03 points at 3,110.64 at 9.03am.

Some 69 million shares worth S$242 million were done with 63 counters up and 68 counters down.

Wall Street pulled back overnight on Tuesday ahead of US President Donald Trump's address to Congress.

"Asian markets will find itself with a flood of leads in today's trade, and could probably serve as a good early assessment for reactions in the other half of the globe," said IG Markets strategist Jingyi Pan.

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