Singapore shares open higher on Monday

SINGAPORE shares opened higher on Monday, with buying interest shifting into several penny stocks that were on active trade.

At 9.22am, the Straits Times Index rose 6.07 points or 0.23 per cent to 2,662.94.

Some 214 million shares worth S$171.3 million changed hands. Gainers outpaced losers 116 to 56.

Among active stocks were QT Vascular, which was up 5.2 per cent at 12.1 cents, Spackman Entertainment Group up 5.4 per cent at 11.7 cents and China Sports International up 6.3 per cent at 1.7 cents.