Singapore stocks traded higher on Thursday , reflecting gains in global markets overnight. The Straits Times Index rose 0.6% or 21.3 points to 3,802.51 at 9:01 am, The Business Times reported.
In the broader market, 74 securities gained while 24 declined, and 41.4 million securities valued at S$63.3 million were traded.
Banking stocks also performed well at Thursday’s open. DBS climbed 0.8% or S$0.36 to S$43.68. UOB gained 0.7% or S$0.25 to S$37.26, while OCBC rose 0.6% or S$0.10 to S$17.13.
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