Singapore shares open higher on global rally
SINGAPORE shares opened higher on Wednesday morning, lifted by the global stock market rally overnight.
The benchmark Straits Times Index (STI) opened up 10.13 points or 0.35 per cent at 2,911.95.
Seven minutes into morning trade, some 226.5 million shares worth S$107.4 million changed hands, with gainers outnumbering losers 108 to 45.
Among the most active counters were ST Engineering, CapitaLand and Vard.
Overnight, US government bond markets went into retreat as concerns about Brexit receded and optimism about the health of the US economy kept investors in an upbeat mood.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Mixed trading in Asia as investors watch for further macro data; STI down 0.2%
Vietnam delays launch of new stock trading system
Hong Kong bourse regains favour on hopes of a market revival
Asia: Markets rise as strong US tech earnings offset poor data
Singapore shares open lower on Friday; STI down 0.1%
Stocks to watch: CLI, Great Eastern, MIT, Sheng Siong, iFast, OUE, Far East Orchard