Singapore shares open higher on Monday

SINGAPORE shares opened higher on Monday, following a record run on Wall Street last Friday buoyed by President Donald Trump's promise to release a tax cut plan in the coming weeks.

At 9.01am, the benchmark Straits Times Index was 20.43 points or 0.66 per cent higher at 3,100.39.

Some 115.8 million shares worth S$108.9 million changed hands. Gainers outnumbered losers 116 to 46.