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Singapore shares open higher on Thursday

Thursday, January 28, 2016 - 09:13
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The Straits Times Index (STI) on Thursday finished with a rise of 16.27 points at 2,562.45 thanks mainly to an afternoon push that came when the Dow futures rose 120 points and Europe opened in the black.

THE benchmark Straits Times Index (STI) opened higher on Thursday morning, after US stocks slid but European shares recovered on Wednesday following a late pick-up in oil prices.

The STI gained 7.35 points or 0.29 per cent to 2,553.53 by 9.03am on Thursday, with 43.2 million stocks worth S$87.8 million changing hands. Losers narrowly outnumbered gainers 58 to 51.

Actively traded stocks straight out the gate included DBS, Global Logistic Properties, Singapore Airlines and CapitaLand.