Daily Markets Briefing: STI down 0.02%

Investors are likely to remain wary today.

The Straits Times Index (STI) ended 0.65 points or 0.02% lower to 3231.44 on Friday, taking the year-to-date performance to +12.17%.

The top active stocks that day were CityDev, which declined 0.19%, UOB, which declined 0.86%, DBS, which gained 0.20%, Singtel, which gained 0.80% and JSH USD, with a 1.06% fall.

According to OCBC Investment Research, the Dow Jones Industrial Average notched its 21st record of 2017 led by a late-stage rise in energy shares, as Amazon announced plans to buy Whole Foods— one of the buzziest mergers of 2017.

Meanwhile, five of the eleven S&P 500 industries ended higher, led by Energy (1.71%) and Utilities (0.48%) while Consumer Staples (-1.00%) led the declines. The index advanced 0.06% for the week.

"The mixed performances on Wall Street overnight could cause investors to remain cautious today," the brokerage firm said.