2theMOON
2021-07-13
[微笑]
Singapore stocks rise at open, tracking global rallies; STI up 0.7%
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Gainers outnumbered losers 119 to 31, or about four securities up for every one down, after 111.5 million securities worth S$112 million changed hands.\nThe most active counter by volume was Mercurius$ Mercurius: 5RF -5.15%, which rose 5.2 per cent or 0.5 Singapore cent to 10.2 cents, with 17.4 million shares changing hands. The counter resumed trading after announcing on Monday that it would be diversifying into the grocery business.\nOther heavily traded counters include SingHaiyiSingHaiyi: 5H0 +2.04%, which rose 4.1 per cent or 0.4 Singapore cent to 10.2 cents, with 5.9 million shares traded, and KTL GlobalKTL Global^: EB7 -3.48%, which advanced 2.6 per cent or 0.3 Singapore cent to 11.8 cents, with 5.7 million shares changing hands.\nKTL Global said on Monday that it plans to further develop its fresh produce business segment by acquiring a 51 per cent stake in Singapore e-commerce platform EBuy for about S$1.5 million.\nBanking stocks rose in early trade. DBSDBS: D05 +1.4%was up 1.3 per cent or S$0.40 at S$30.34, UOBUOB: U11 +0.96%advanced 1.1 per cent or S$0.28 to S$26.29, while OCBCOCBC Bank: O39 +0.75%rose 0.9 per cent or S$0.11 to S$12.11.\nOther active index counters include SingtelSingtel: Z74 +0.44%, which held steady at S$2.28, and the Singapore ExchangeSGX: S68 +1.96%, which moved up 1.8 per cent or S$0.02 to S$11.42.\nIn the US, the Dow finished 0.4 per cent higher at 34,996.18, the broad-based S&P 500 gained 0.4 per cent to 4,384.63, while the tech-rich Nasdaq Composite Index rose 0.2 per cent to 14,733.24.\nEuropean stocks also hit new highs on Monday. The pan-European Stoxx 600 index climbed 0.7 per cent and hit 461.10, extending gains from Friday.\nElsewhere in Asia, Tokyo stocks rose on Tuesday. 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