Singapore shares open 0.2% up on Tuesday
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
SINGAPORE stocks opened 0.2 per cent higher on Tuesday, with the Straits Times Index moving up 5.64 points to 2,875.88 as at 9.03 am.
The blue-chip index rose after crude oil prices jumped to a one-year high on optimism that major crude producers will cooperate to reduce output.
About 152.7 million shares worth S$51.7 million in total changed hands, which worked out to an average unit price of S$0.34 per share.
The most actively traded counter was commodities trader Noble Group, which rose S$0.001 to S$0.199 with 22.8 million shares changing hands. Other actives included SunMoon Food and IPCO International.
Gainers outnumbered losers 108 to 29, or about four up for every one down.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
