Across the broader market, losers outnumber gainers 60 to 55 after 55.9 million securities worth S$48.5 million change hands
SINGAPORE equities began Friday (Sep 6) in negative territory, tracking global losses overnight.
As at 9.02 am, the Straits Times Index (STI) dipped 3.43 points or 0.1 per cent to 3,455.23. Across the broader market, losers outnumbered gainers 60 to 55, after 55.9 million securities worth S$48.5 million changed hands.
Watchlisted investment holding company Jadason Enterprises was the most actively traded counter by volume. The counter climbed S$0.011 or 73.3 per cent to S$0.026 after 10.4 million shares were moved.
Other actively traded names included China Kunda Technology, which rose S$0.004 or 12.1 per cent to S$0.037. Net Pacific Financial Holdings gained S$0.01 or 62.5 per cent to S$0.026.
Local banking stocks were down at the open. DBS dipped S$0.05 or 0.1 per cent to S$36.60; OCBC shed S$0.08 or 0.6 per cent to S$14.55, and UOB was down S$0.12 or 0.4 per cent at S$31.61.
Wall Street stocks ended Thursday mixed as markets looked ahead to the release of a key labour market report on Friday.
The Dow Jones Industrial Average finished down 0.5 per cent at 40,755.75, and the broad-based S&P 500 declined 0.3 per cent to 5,503.41. The tech-rich Nasdaq Composite Index gained 0.3 per cent to 17,127.66.
Over in Europe, shares fell as mixed economic data spurred worries about global growth and offset gains in interest rate-sensitive sectors.
The pan-European Stoxx 600 index fell 0.5 per cent to 512.05.
