Singapore shares open higher on Tuesday after gains in US, Europe

MIRRORING the US and European markets, the Straits Times Index opened higher on Tuesday, gaining 32.50 points or 1.14 per cent to 2883.75.

Elsewhere in Asia, shares in Tokyo surged at Tuesday's opening as investor sentiment was also buoyed by a deal reached by the 12 members of the US-led Trans-Pacific Partnership.

By 9.03am, 124.4 million shares worth S$77.1 million had changed hands on Singapore Exchange, while gainers sharply outnumbered losers 127 to 31.

Top traded stocks by value were Singtel, DBS, Wilmar, Global Logistic Properties and CapitaLand.