Singapore shares open flat on Friday

$FTSE Singapore Straits Time Index (.STI.SG)$ was flat, falling just 0.09 point to 3,141.76 as at 9.01 am. Across the broader market, gainers outnumbered losers 78 to 57, with 77.7 million securities worth S$98.6 million having changed hands.

$Seatrium (S51.SG)$ was the most heavily traded counter by volume. It traded flat at S$0.09 after 22.7 million securities were transacted.

Other companies that were briskly traded included $ThaiBev (Y92.SG)$ , which also traded flat at S$0.505 after 8.2 million securities were transacted, and $Golden Agri-Res (E5H.SG)$ , which gained 1.9 per cent or S$0.005 to S$0.27.

Over on Wall Street, stocks climbed on Thursday as investors assessed a key US inflation gauge, while the tech-focused $Nasdaq Composite Index (.IXIC.US)$ set a new record. $Dow Jones Industrial Average (.DJI.US)$ rose 0.1 per cent to 38,996.39, and $S&P 500 Index (.SPX.US)$ gained 0.5 per cent to 5,096.27. The Nasdaq surged 0.9 per cent to 16,091.92, surpassing a 2021 high.