Singapore shares open higher on Tuesday
SINGAPORE share prices opened higher on Tuesday with the Straits Times Index up 0.19 per cent or 5.37 points to 2,880.02 at 9.03am.
This was despite Tokyo stocks opening lower on Tuesday, dragged down by a firmer yen, and Wall Street easing from record highs.
On Wall Street, stocks retreated on Monday, ending a four-day streak of record closes for the Dow, as nervousness over the holiday shopping season hit shares of leading retailers.
On the Singapore bourse, the highest value traded stocks were United Overseas Bank (up 14 cents to S$20.18), Global Logistic Properties (up one cent to S$2.04) and DBS Bank (down nine cents to US$17.26).
Overall on the stock market, 70 million shares worth S$88.5 million changed hands as at 9.03am. Gainers outnumbered losers 70 to 58.
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
Europe: Stoxx 600 logs best day in three months as banks shine
US: Stocks rally after strong tech results
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