Singapore's STI open up on Wall Street rally

SINGAPORE'S Straits Times Index opened at 3,234.49 points, up 14.58 points or 0.45 per cent as at 9.02am after another Wall Street rally over the weekend and the first uptick in private residential property market here.

Gainers outnumbered losers 85 to 39.

DBS Bank, ST Engineering and OCBC Bank were among top gainers.

Dow Jones Industrial Average closed up nearly 24 points, within 0.1 per cent of its record high on Friday, with Goldman Sachs leading the charge.

The Urban Redevelopment Authority flash estimates released on Monday morning showed Singapore's private residential property index increased 0.5 per cent in Q3, the first uptick after 15 consecutive quarters of decline.