By Malvika Gurung
Investing.com — The stock listed on the Singapore-based SGX Exchange, a leading indicator for , was trading 0.22% or 40 points lower at 8:48 a.m. Friday, following mixed global signals.
Additionally, the and have dropped by 0.13% each when writing.
Major U.S. indices rose sharply on Thursday on strong earnings forecasts from chipmaker giant Nvidia, which pushed its stock up more than 29% during the session. Meanwhile, investors continued to watch progress for any signs in the ongoing debt ceiling negotiations, which are set to approach the June 1 deadline.
rose 1.71%, fell 0.11% and rose 0.88%.
Asian markets traded mixed on Friday, with Japanese stocks gaining in the morning session. The Hong Kong market remained closed due to Buddha’s birthday.
As of 9:05 a.m., South Korea gained 0.18%, Japan jumped 1%, China slipped 0.14% and Australia was flat.
Oil prices fell on Friday and extended a sharp decline from the previous session as traders waited for more clarity on OPEC’s plans for future production cuts. fell 0.33% to $76 a barrel and slid to $71.74 a barrel. decreased by 0.57%.