Singapore shares open higher on Monday; STI up 0.8% to 3,604.07
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SINGAPORE stocks opened 0.8 per cent higher on Monday, with the Straits Times Index moving up 26.86 points to 3,604.07 as at 9.03 am.
About 138.5 million shares worth S$344.6 million in total changed hands, which worked out to an average unit price of S$2.49 per share.
The most actively traded counter was Magnus Energy, which was flat at S$0.001 with 15.3 million shares changing hands.
Other actives included Golden Agri-Resources and Jiutian Chemical.
Active index stocks included OCBC Bank, up S$0.19 or 1.39 per cent to S$13.84, and DBS Bank, up S$0.60 or 2 per cent to S$30.60. DBS on Monday morning saw its first-quarter net profit beat expectations, with a 26 per cent rise to S$1.52 billion from the previous year, as total income increased 16 per cent to S$3.36 billion.
Gainers outnumbered losers 76 to 41, or about two up for every one down.
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Japanese markets will be closed for public holidays on Monday, Thursday and Friday, with China shut Monday and Tuesday.
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