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Singapore shares open 0.6% up on Thursday

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SINGAPORE stocks opened 0.6 per cent higher on Thursday, with the Straits Times Index moving up 18.66 points to 2,900.45 as at 9.01 am.

The blue-chip index followed US stocks, which closed higher the night before on higher oil prices.

About 56.5 million shares worth S$211.4 million in total changed hands, which worked out to an average unit price of S$3.74 per share.

The most actively traded counter was Noble, which rose S$0.003 to S$0.181 with 13.7 million shares changing hands. Other actives included Ezion and Addvalue Tech.

Top five stocks by value traded were DBS, Singtel, Ezion, SingPost and UOB.

Gainers outnumbered losers 96 to 38, or about five up for every two down.