Singapore: STI opens 1.06 points higher

THE Straits Times Index (STI) gained 1.06 points or 0.03 per cent to 3,471.86 as at 9.01am on Tuesday after China's central bank cut rates for the third time in six years, and amid growing concerns with Greece's debt problems.

Among the most active stocks traded were Pacific Andes International Holdings, up 1.54 per cent or one cent at 6.6 Singapore cents; Suntec Reit, which remained unchanged at S$1.76; and Noble Group, unchanged at 86 Singapore cents.

A total of 35.8 million shares worth S$51.2 million changed hands as at 9.01am. Gainers outnumbered losers 78 to 69.