Singapore: Singapore stocks opened higher with the Straits Times Index up 11.18 focuses to 3,064.61.
Gainers dwarfed decliners 69 to 27, after about 19.7 million offers worth $39.4 million changed hands.
The most active counter was Lion Gold, which was level at 0.001.
Other active stocks included Wilmar International which increased 1.3 percent or four pennies to $3.18, and DBS which rose 0.9 percent, or 20 pennies to $23.73.
Top Gainer Stock
| Gainers | ||
| Stock | Last | Change |
| Shangri-La HKD | 11.48 | 0.54 |
| Creative | 3.81 | 0.35 |
| DBS | 23.81 | 0.28 |
| UOB | 24.66 | 0.26 |
| Khong Guan | 2.03 | 0.23 |
Top Loser Stock
| Decliners | ||
| Stock | Last | Change |
| JMH USD | 67.47 | -0.87 |
| JSH USD | 36.82 | -0.17 |
| Biolidics | 0.183 | -0.047 |
| DairyFarm USD | 9.04 | -0.04 |
|
HongkongLand USD
|
6.36 | -0.04 |
Sapphire Corp: Design and construction company Sapphire Corp is planning on right Issue. For every four existing shares one rights share with discount to last traded price $0.128.
Charisma Energy: Company is exiting from electricity retailing business. Company’s subsidiary Charis Electric, a joint venture company that is 50 per cent owned by Charisma, had obtained an electricity retail licence in Singapore but was never profitable.
Transcorp Holdings: Company reported loss of $5.35 million for the year 2018.It saw 37.2 percent fall in revenue as compare to previous financial year due to car sales down from 52 to 25 this year. Stock traded at $0.015.
Forex: USD/SGD pair trades at 1.3650 against previous close 1.3654 down 0.04%
Daily Range: 1.3644-1.3668.
On Friday US stocks traded in volatile session. Stocks trade in wide range.
While the Nasdaq inched up 5.03 to 6,584.52, the Dow closed 76.42 points or 0.3 percent to 23,062.40 and the S&P 500 edged down 3.09 points or 0.1 percent at 2,485.74.
The major indexes moved higher to end week due largely to the historic rally on Wednesday. The Nasdaq soared by 4 percent, while the Dow and the S&P 500 jumped by 2.7 percent and 2.9 percent.
Most of the traders remained away following the Christmas Day holiday of the New Year’s Day holiday next Tuesday.
| Index | Last | Change% |
| Dow 30 | 23062.4 | -0.33 |
| S&P 500 | 2485.74 | -0.12 |
| Nasdaq 100 | 6584.52 | 0.08 |
| FTSE 100 | 6733.97 | 2.27 |
| DAX | 10558.96 | 1.71 |
Gold Price: Gold prices fell slightly after positive start of Asian market and progress on the long-drawn China-US trade spat, while the dollar held steady in a narrow range.
Gold Trading Range $1274-$1282
The post Straits Times Index opens on positive note up 11.18 points at 3064.61 appeared first on Multi Management & Future Solutions.
This post first appeared on KLSE Market Watch For Bursa Malaysian Investor, please read the originial post: here
