Singapore shares open higher on Tuesday after S&P record high
SINGAPORE stocks opened higher on Tuesday morning, buoyed by S&P 500's close at a record high, even as the yen staged its biggest one-day drop in nearly three years.
The benchmark Straits Times Index (STI) opened up 7.88 points or 0.27 per cent at 2,884.02.
Two minutes into morning trade, some 78.4 million shares worth S$69.7 million changed hands, with gainers outnumbering losers 80 to 34. Among the most active counters were Noble, Thai Beverage and Singtel.
Overnight, the S&P 500 had gained about one-third of one per cent to 2,137.2, with investors still in an upbeat mood following Friday's solid non-farm payrolls numbers.
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
Asia: Markets rise as traders consider US rate outlook
China reiterates need for steady yuan amid fragile confidence
Singapore shares climb at Thursday’s open; STI up 0.3%
Stocks to watch: CDL, DFI Retail Group, Cordlife, First Resources
US: Wall Street slips as dour earnings, chip stocks weigh
Europe: Adidas, LVMH steer shares higher on earnings relief