Singapore shares rise at Monday’s open; STI rises 0.7%, shares



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Mon, Aug 31, 2020-9: 37 am

SINGAPORE shares opened higher on Monday led by gains in banks and other index accountants after Wall Street shares rose on Friday.

The Singapore Straits Times Index (STI) rose 0.7 percent or 18.5 points to 2,558.13 at 9:04 a.m. M.

The winners outnumbered the losers 122 to 48, after 148.8 million titles worth S $ 101.3 million changed hands.

One of the most active accountants by volume was Avarga, which advanced 5.5 percent or 1.5 Singapore cents to 29 cents, with 4.4 million shares changing hands.

Other highly traded stocks included NetLink NBN Trust, which was up 0.5% or 0.5 Singapore cents to 98 cents on 3.6 million shares traded, as well as Halcyon Agri Corp, which was up 9.1% or S $ 0.02 to S $ 0.24, with 2.8 million shares. negotiated.

Bank stocks rose in the early hours of the morning. DBS was up 1.7% or SG $ 0.36 to SG $ 21.12, UOB was up 0.7% or SG $ 0.14 to SG $ 19.80, while OCBC advanced 0.7% or S $ 0.06 to S $ 8.77.

Other active index accountants included Singtel, which held steady at S $ 2.30 and Ascendas Real Estate Investment Trust, which rose 1.2% or S $ 0.04 to S $ 3.35.

Elsewhere in Asia, Tokyo stocks opened higher on Monday after rallies on Wall Street, with a higher yen against the US dollar capped higher. The Nikkei 225 Index rose 1.2 percent to 23,157.15 in early trading, while the Topix Index gained 1.2 percent to 1,623.55.



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