The rising stocks include Frasers Logistics and Commercial Trust, Thai Beverage and Singapore Exchange (SGX), up 1.26%, 1.09% and 0.85% respectively.

Declining stocks include SIA, Mapletree Logistics Trust and Genting Singapore, which fell 1.11%, 0.9% and 0.7% respectively.

Before the opening of the market, OCBC announced that it would issue a conditional withdrawal offer of approximately RMB 900 million to small shareholders holding the remaining 6.28% of the shares at a price of RMB 30.15 per share. After the news was announced, the group's share price rose by 0.31%.

Singapore stock market opened with good trading sentiment. As of 9:10 am on Friday (June 6), the Straits Times index rose 4.11 points or 0.1% to 3921.80 points.