Singapore stocks opened stronger at Monday’s (Jul 10) open, following global markets closing mixed on Friday.
$FTSE Singapore Straits Time Index (.STI.SG)$rose 0.1 per centor 1.7 points to 3,141.17 as at 9.02 am. Gainers outnumbered losers 58 to 53, after 75.2 million securities worth S$44.4 million changed hands.
The most active counter by volume was$Seatrium (S51.SG)$, whichrose 1.6 per centor S$0.002 to S$0.127 with 36.5 million shares transacted.
Other heavily traded securities included$Healthway Med (5NG.SG)$, whichlost 2.1 per centor S$0.001 to S$0.046, with 5.9 million shares changing hands, as well as$Golden Agri-Res (E5H.SG)$whichgained 2.1 per centor S$0.005 to S$0.245, with 4.8 million shares traded.
US indices closed lower on Friday, following mixed employment data of slower hiring but a lower unemployment rate. Rate-hike fears remained due to strong wage growth.