Singapore shares open 0.03% higher on Wednesday

SINGAPORE shares opened higher on Wednesday with the Straits Times Index up 0.03 per cent or 0.94 points to 3,318.27 as at 9.01am, as stock markets globally gained some of the prior session's losses as Greece enters a debt default.

In the region, the Nikkei 225 index at the Tokyo Stock Exchange gained 0.21 per cent or 42.02 points to 20,277.75 at the start of trading on Wednesday, while the S&P/ASX200 at the Australian Securities Exchange was up 0.5 per cent or 24.8 points to 5,483.8 points.

Elsewhere, the Dow Jones Industrial Average closed the session up 0.13 per cent or 23.16 points at 17,619.51 on Tuesday. Meanwhile, the Nasdaq Composite closed up 0.57 per cent or 28.4 points at 4,986.87.

In Singapore, the biggest gainers on Wednesday were Singapore Exchange, Straco Corporation, as well as banks such as OCBC Bank and UOB.

Some 38 million shares worth S$92.6 million changed hands. Gainers outnumbered losers 88 to 47.