Singapore shares decline at Friday's open; STI down 0.3% to 3,152.25

SINGAPORE stocks opened weaker on Friday, with the Straits Times Index slipping 0.27 per cent or 8.47 points to 3,152.25 as at 9am, following a Wall Street sell-off overnight.

Among the most heavily traded by volume, Ascendas Reit headed down 0.3 per cent or one Singapore cent to S$2.92 with 1.9 million shares traded, and Rex International Holding declined 3.2 per cent or 0.2 Singapore cent to six cents with 1.8 million shares traded. This comes after China's commerce ministry spokesperson Gao Feng said the US should"correct its actions" if it hopes to continue trade negotiations with China, adding that the talks should be based on mutual respect.

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Singapore stocks: STI resumes Friday afternoon at 3,208.03, down 0.7% on daySINGAPORE stocks resumed trading on Friday afternoon in negative territory, with the Straits Times Index down 0.69 per cent or 22.23 points to 3,208.03, on the day as at 1.04pm. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »