Singapore's STI opens 13.49 points higher

SINGAPORE share prices opened higher on Tuesday, with the Straits Times Index up 13.49 points or 0.4 per cent to 3,466.4 as at 9.01am, following Wall Street's gains on Monday on easing concerns over Federal Reserve interest rate hikes.

Top gainers in early morning trade by percentage gains included Asiatic, up 0.3 cent or 10.7 per cent at 3.1 cents; Ramba Energy, up two cents or 7.1 per cent at 30 cents; and Darco Water Tech, up 0.2 cent or 6.9 per cent at 3.1 cents. A total of 62.5 million shares worth S$35.7 million had changed hands as at 9.01am. Gainers outnumbered losers 120 to 40.