Singapore shares open higher on Monday; STI up 0.4%

SINGAPORE stocks opened higher on Monday, with the Straits Times Index advancing 0.4 per cent, or 15.08 points to 3,458.59 as at 9.02am.

About 64.3 million shares worth S$99.7 million in changed hands.

Gainers outnumbered losers 123 to 40.

The most actively traded counter were Jiutian Chemical, which rose 5.7 per cent, or 0.4 Singapore cent to S$0.074 with 9.6 million shares traded; and MarcoPolo Marine which was up 4.9 per cent, or 0.2 Singapore cent to S$0.043 with 7.6 million shares traded.

Other active index stocks included Singtel which was up 0.6 per cent, or two Singapore cents to S$3.35; and Jardine Matheson Holdings which was down 0.7 per cent, or 44 US cents to US$61.54.