Arab Today, arab today singapore stocks end up 031 tracking overnight gains on wall street
Last Updated : GMT 10:36:50
Arab Today, arab today
Arab Today, arab today

Singapore stocks end up 0.31%, tracking overnight gains on Wall Street

Arab Today, arab today

Arab Today, arab today Singapore stocks end up 0.31%, tracking overnight gains on Wall Street

Singapore - XINHUA

Singapore shares closed 0.31 percent higher on Friday, buoyed by gains on the Wall Street overnight as investors took comfort in progress to avert a possible U.S. default, even as questions remained over whether a deal could be struck. Republicans, who have not passed the budget funding, on Thursday offered a plan that would extend the U.S. government\'s borrowing authority for several weeks, staving off a default that could come as soon as Oct. 17. While no deal emerged from a meeting at the White House, the two sides said they would continue to talk. \"The bounce should continue for a while longer, probably testing the 3,198 points and 3,220 points resistance band,\" CIMB Research said. DBS Group Research said that in the immediate term, a rise above 3,200 points should see resistance increasing towards 3,250 points. \"Investors will still rein in their enthusiasm unless the anticipated lack luster third quarter earnings season shows it can surprise on the upside,\" it added. Phillip Securities Research said it expects the benchmark Straits Times Index to consolidate at current levels as \"investors continue to be concerned over the U.S. government shutdown, and debt ceiling debate.\" The Straits Times Index rose 9.8 points to close at 3,179.71. Trading volume was 2.95 billion shares worth 1.05 billion Singapore dollars (840 million U.S. dollars). Advancers outnumbered decliners 256 to 197, while 504 stocks finished unchanged. Keppel Corporation rose 0.7 percent to close at 10.87 Singapore dollars. It has won a contract from Perforadora Central to build a KFELS B Class jack-up rig worth 240 million U.S. dollars, including owner furnished equipment. LionGold Corporation sank 16.8 percent to 15.4 Singapore cents. The recent volatility in its share price had caused the gold miner to call off talks over a potential offer for Minera IRL, a Latin American precious metals mining company. Negotiations ended without any liability to each other. Among the top gainers, Jardine Cycle and Carriage rose 2.8 percent to close at 36.6 Singapore dollars, while RH Petrogas became one of the top losers by falling 7.1 percent to 85.5 Singapore cents. (1 U.S. dollar equals 1.26 Singapore dollars)

arabstoday
arabstoday

GMT 05:41 2017 Tuesday ,23 May

Tadawul index stays almost flat

GMT 20:24 2017 Saturday ,20 May

US Stocks Close Higher

GMT 17:28 2017 Thursday ,18 May

Saudi stocks rise in heavy trading

GMT 21:37 2017 Wednesday ,17 May

US Stocks Close Mixed

GMT 04:58 2017 Wednesday ,17 May

Tadawul index gains 0.7%

GMT 06:20 2017 Tuesday ,16 May

Tadawul index climbs 0.6%

GMT 13:43 2017 Monday ,15 May

Oman share index declines marginally
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today singapore stocks end up 031 tracking overnight gains on wall street Arab Today, arab today singapore stocks end up 031 tracking overnight gains on wall street

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today singapore stocks end up 031 tracking overnight gains on wall street Arab Today, arab today singapore stocks end up 031 tracking overnight gains on wall street

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?

GMT 05:41 2017 Tuesday ,23 May

Tadawul index stays almost flat

GMT 20:24 2017 Saturday ,20 May

US Stocks Close Higher

GMT 17:28 2017 Thursday ,18 May

Saudi stocks rise in heavy trading

GMT 21:37 2017 Wednesday ,17 May

US Stocks Close Mixed

GMT 04:58 2017 Wednesday ,17 May

Tadawul index gains 0.7%

GMT 06:20 2017 Tuesday ,16 May

Tadawul index climbs 0.6%

GMT 13:43 2017 Monday ,15 May

Oman share index declines marginally
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday