Singapore Exchange : Opening market update


  • SINGAPORE share prices opened higher on Thursday with the Straits Times Index up 17.54 points or 0.62 per cent to 2,827.97 as at 9.01am, following a Wall Street rebound and strengthening crude oil prices on Wednesday.
  • The Dow Jones Industrial Average climbed 36.26 points to 17,000.36 while S&P 500 gained 10 points to 1,989.26 on Wednesday.
  • US stocks were lifted by a resumption in the improvement of crude oil prices and expectations of a further deposit rate cut to be unveiled by the European Central Bank on Thursday.

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