Singapore shares open higher on extended Wall St gains
SINGAPORE shares opened higher on Tuesday as Wall Street extended its gains overnight.
The benchmark Straits Times Index (STI) opened up 6.79 points or 0.24 per cent at 2,874.
At 9.03am, some 46.1 million shares worth S$59.5 million changed hands with gainers beating losers 71 to 45.
Among the most active stocks were Noble, SingMedical and Golden Agri-Resources.
Overnight, all three US equity gauges closed at record highs for the second time in three sessions. Last Thursday was the first time since 1999 that all three stock market gauges had achieved the feat, but the trio took a breather in Friday's session.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Europe: Shares close at highest in a week; Indra surges
US: Stocks rise again, extending rally
Morgan Stanley strategists see inflation as key for path of US stocks
US dollar soft on renewed Fed rate cut bets; yen on back foot
South Korea’s probe alleges 211.2 billion won of illegal short trades
Asia: Markets build on rally as US jobs data boost rate cut hopes