Singapore shares open 0.37% higher on Monday

SINGAPORE shares opened 0.37 per cent or 11.79 points higher on Monday to 3,214.29 as at 9.02am. Meanwhile, in the rest of the region, shares took cues from a lower Wall Street close on Friday and dipped early on Monday. MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.2 per cent, while Japan's Nikkei fell 0.2 per cent and South Korea's Kospi lost 0.5 per cent.

Some 51.4 million shares worth S$84.1 million changed hands, with gainers outnumbering losers 81 to 59.