SINGAPORE equities began trading marginally higher on Thursday (Jun 20), following losses in real estate and technology stocks in Europe.
As at 9.03 am, the Straits Times Index (STI) edged up 0.01 per cent or 0.27 point to 3,304.27. Across the broader market, decliners outnumbered advancers 57 to 45 after 43 million securities worth S$53.7 million changed hands.
The most active counter by volume of the morning was Wilton Resources with about 9.6 million shares traded. The counter opened 73.3 per cent or S$0.011 higher at S$0.026.
Dyna-Mac shares were briskly transacted as well, climbing 4 per cent or S$0.015 to S$0.39. Yangzijiang Shipbuilding shares were also actively traded, falling 1.2 per cent or S$0.03 to S$2.42.
Banking stocks posted a mixed performance at the opening bell. DBS climbed 0.3 per cent or S$0.11 to S$35.58, while OCBC increased 0.1 per cent or S$0.02 to S$14.18. Meanwhile, UOB inched down about 0.5 per cent or S$0.14 to S$30.71.
European shares ended lower on Wednesday, following pressures from losses in real estate and technology stocks, while UK stocks were buoyed by metal miners as investors digested its inflation data.
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The pan-European Stoxx 600 closed about 0.2 per cent or 0.88 point lower at 514.13, with the real estate sector falling 1.2 per cent and technology stocks dropping 1.1 per cent.
The financial markets in the US were closed as the country commemorated a federal holiday.
