Singapore stocks open flat on Thursday; STI up 0.01%

📆 7/23/2020 4:45 AM
📰 BusinessTimes

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SINGAPORE shares struggled to advance at Thursday's open, with slight gains from banks and mixed openings from real estate investment trusts and business trusts as the earnings season kicks into full gear. Read more at The Business Times.

Banking stocks rose in early trade. DBS was trading up 0.1 per cent or S$0.02 at S$21.10, UOB advanced 0.2 per cent or S$0.04 to S$20.44, while OCBC rose 0.3 per cent or S$0.03 to S$9.11.

Other active index counters include CapitaLand, which was up 0.4 per cent or S$0.01 to S$2.84, and the Singapore Exchange, which lost 0.1 per cent or S$0.01 to S$8.24.following a choppy session as investors weighed progress towards a coronavirus vaccine against worries over worsening US-China relations.

The Dow Jones Industrial Average finished up 0.6 per cent to 27,005.73. The S&P 500 climbed 0.6 per cent to 3,276.05, while the Nasdaq Composite Index rose 0.2 per cent to 10,706.13.

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