Market Update: Singapore shares close trading week flat

The Straits Times Index ended on Friday with a slight uptick of about 1.53 points or 0.05% at 2,907.11.

Major stocks across the Asian region traded mixed, as most indices were heavily driven by the property and commodity sectors - much more than tech or manufacturing.

About 1.77-billion securities worth S$1.15-billion changed hands with advancers outnumbering decliners, 244 to 204.

Top performers were Thai Beverage with 3.15% or a S$0.025 gain, Creative Technology jumped by 5.18% or S$0.13, and Haw Par Corporation which went up by S$0.22 or 1.93%.

On Wall Street, US stocks closed on positive note for the fourth consecutive sessions, boosted by the recent unemployment data and some corporate earnings.

For the day, S&P 500 rose at about 0.39% or 15.09 points at 3,886.83. NASDAQ went up by 0.57% or 78.56 points to 13,856.30 while Dow Jones Industrial climbed by 92.38 points or 0.30% at 31,148.24.

London's blue-chip index slipped for three straight trading days as higher pound weighed on some blue chips of the index. FTSE 100 ended down by 0.22% or 14.39 points at 6,489.33.

Meanwhile, FTSE 250 went higher by 1.24% or 257.57 points reaching 21,066.87 mark.