A strong overnight performance in US equity markets boosts the Straits Times Index 2.3% higher in early trade, to 2940.48.
The local market had been battered lower in recent sessions amid a global selloff, but now begins to recoup those losses.
Olam International and Noble Group lead large-cap gains, up 5.3% and 3.3%, respectively. No stocks on the main STI fall in early trade.
However, GuocoLand which is not on the main index, falls 0.3% after reporting a fall in quarterly net profit. Ezra Holdings is unchanged at $0.114 after calling for a trading halt pending an announcement.
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The local market had been battered lower in recent sessions amid a global selloff, but now begins to recoup those losses.
Olam International and Noble Group lead large-cap gains, up 5.3% and 3.3%, respectively. No stocks on the main STI fall in early trade.
However, GuocoLand which is not on the main index, falls 0.3% after reporting a fall in quarterly net profit. Ezra Holdings is unchanged at $0.114 after calling for a trading halt pending an announcement.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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