Singapore: Singapore stocks opened lower but recovered early losses with the Straits Times Index up 27 points, or 0.9 per cent to 3040.
Advance to decline ratio stood at 144 /87, about 223.3 million change hands with value 317.5 million.
The most actively traded counter was Ezion which was up at 4.5 cents, Jasper Inv down 0.004.
Other index active constituents were DBS, UOB, SingTel, and OCBC bank
Other indices like FTSE ST Small Cap Index at 330.06 up 0.48, FTSE ST Mid Cap Index at 685.81 up 4.70.
Man Oriental USD
China Star Food Group: Catalist-listed appointed Yeo Choon Tat, as its deputy CEO with effect from Jan 3.The counter closed at two Singapore cents on Thursday.
LTC Corp: Trading in shares of LTC Corp will be suspended ahead of its trading and property group delisting from SGX exchange.
Creative Technology: Creative accepted taking orders for the headphones featuring Super X-Fi (SXFI).Expanding the product range, the new technology will also feature better compatibility with other manufacturers’ platforms, most notably Apple’s iOS devices.
Forex: USD/SGD pair trades at 1.3620 against previous close 1.3639 down 0.14%
Daily Range: 1.3616-1.3649
Wall Street plunged lower after slowing U.S. factory activity; apple’s slower future sales forecast fears of a global economic slowdown.
Apple’s revenue shortfall guidance hits other technology stocks also. Which pulled all three major U.S. stock indexes down more than 2 percent, with the Nasdaq posting a 3 percent loss. S&P Technology companies saw its biggest one-day percentage drop since August 2011.
Major automakers reported weak U.S. new car sales in December, with Ford Motor Co and General Motors Co reporting sales falling by 8.8 percent and 2.7 percent,
The Dow Jones Industrial Average fell 660.02 points, or 2.83 percent, to 22,686.22, the S&P 500 lost 62.14 points, or 2.48 percent, to 2,447.89 and the Nasdaq Composite dropped 202.43 points, or 3.04 percent, to 6,463.50
Gold Price: Gold trade with positive near $1300 mark after weak US manufacturing data Gold trade at $1297.
Gold Trading Range: $1288-$1302