Singapore shares muted at Thursday's open; STI up 0.03%

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Singapore shares muted at Thursday's open; STI up 0.03%
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SINGAPORE stocks were little changed on Thursday after Wall Street stocks finished Wednesday stronger on vaccine hopes. Read more at The Business Times.

Banking stocks were mixed in early morning trade. As at 9.03am, DBS declined 0.6 per cent or S$0.12 to S$21.76, UOB was down 0.3 per cent or S$0.06 to S$20.80, while OCBC Bank was up 0.2 per cent or S$0.02 to S$9.29.

Other active index counters included Singapore Exchange, which fell 0.1 per cent or S$0.01 to S$8.31, as well as Singapore Airlines, which rose 0.5 per cent or S$0.02 to S$3.79. In the US, stocks advanced again following progress on a leading novel coronavirus vaccine candidate, with The Dow Jones Industrial Average finished up 0.9 per cent at 26,869.83, the S&P 500 gained 0.9 per cent to 3,226.55, while the Nasdaq Composite Index climbed 0.6 per cent to 10,550.49.as investors awaited China's GDP data due later in the day. The Nikkei 225 index fell 0.3 per cent to 22,888.46 in early trade, while the broader Topix index edged down 0.1 per cent to 1,588.24.For daily updates on weekdays and specially selected content for the weekend.

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