Singapore shares open 0.3% up on Tuesday

SINGAPORE stocks opened 0.3 per cent higher on Tuesday, with the Straits Times Index rising 9.21 points to 3,317.9 as at 9am. This comes on the back of US stocks recovering overnight as tensions between the United States and North Korea eased.

On the Singapore bourse, about 59.3 million shares worth S$47.4 million in total changed hands, which worked out to an average unit price of S$0.80 per share.

The most actively traded counter was Sincap, which rose S$0.002 to S$0.023 with 10.1 million shares changing hands. Other actives included MDR and Addvalue Tech.

Gainers outnumbered losers 103 to 36.

Elsewhere, Japan's Topix index rose 0.7 per cent and Australia's S&P/ASX 200 Index added 0.8 per cent. Futures on Hong Kong's Hang Seng index gained 0.5 per cent, Bloomberg reported.