Singapore Bourse May Add To Its Winnings

} (RTTNews) - The Singapore stock market picked up less than a point on Friday, but that was enough to snap the five-day losing streak in which it had stumbled almost 70 points or 2.6 percent. The Straits Times Index now rests just beneath the 2,530-point plateau and it's expected to see additional support on Monday.The global forecast for the Asian markets is upbeat on firm economic data from the United States. The European markets were down and the U.S. bourses were up and the Asian markets are tipped to follow the latter lead. The STI finished barely higher on Friday following gains from the industrials and properties, while the financials came in mixed. For the day, the index gained 0.62 points or 0.02 percent to finish at 2,528.54 after trading between 2,526.27 and 2,547.83. Volume was 1.91 billion shares worth 1.23 billion Singapore dollars. There were 247 gainers and 163 decliners. Among the actives, Hongkong Land Holdings surged 2.93 percent, while Wilmar International soared 2.06 percent, Oversea-Chinese Banking Corporation plummeted 1.81 percent, SingTel plunged 1.72 percent, Venture Corporation tanked 1.71 percent, Thai Beverage spiked 1.64 percent, Singapore Exchange accelerated 1.28 percent, CapitaLand and Yangzijiang Shipbuilding both rallied 1.09 percent, To keep reading about Singapore Bourse May Add To Its Winnings, Click on the link. Seoul, Korea
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