Thai Beverage Public Company Limited

Singapore shares are expected to open higher on Friday, extending gains after the Straits Times Index rose 0.21 percent to 3,882.58. The positive lead from Wall Street, where the S&P 500 rallied 1.04 percent, helped ease concerns about the interest rate outlook after U.S. producer price data showed tame components of the Federal Reserve's preferred inflation gauge. Among local stocks, Seatrium Limited skyrocketed 10.87 percent, while Thai Beverage plummeted 2.91 percent. Singapore is also set to release fourth-quarter GDP data later today, with forecasts pointing to a 4.1 percent year-on-year increase, easing from 4.3 percent in the prior quarter.