Singapore shares open flat on Tuesday

SINGAPORE stocks opened unchanged on Tuesday, with the Straits Times Index advancing 1.08 points to 2,810.32 as at 9.00am.

The blue-chip index was non-committal after Wall Street slipped at the start of a weak corporate earnings season while other Asian markets gained ground as the yen retreated.

About 40.7 million shares worth S$28.9 million in total changed hands, which worked out to an average unit price of S$0.71 per share.

The most actively traded counter was Interra Resources, which rose S$0.007 to S$0.103 with eight million shares changing hands. Other actives included Magnus Energy and QT Vascular.

Gainers outnumbered losers 84 to 39, or about two up for every one down.