Singapore's STI opens 0.2% higher

SHARES in the local bourse opened higher on Tuesday with the benchmark Straits Times Index gaining 5.4 points or 0.2 per cent to 3,415.5.

Some 51 million shares worth S$104 million were done as at 9.04 am, with 87 counters up, and 32 counters down.

The local market opened higher despite moderate falls in US stock indices overnight; the Dow lost 0.1 per cent while the S&P 500 fell 0.2 per cent and the Nasdaq slipped 0.3 per cent.

Over in Europe, concerns over Greece's debt talks led to falls across many major markets.