Singapore shares rise at Monday's open; STI up 0.26% to 3,425.68

SINGAPORE stocks opened stronger on Monday, with the Straits Times Index up 0.26 per cent or 8.74 points to 3,425.68 as at 9.03am, after Wall Street stocks surged to fresh records on Friday.

Gainers outnumbered losers 83 to 39, or about two stocks up for every one down, after 41.6 million shares worth S$64.4 million changed hands.

Among the most heavily traded by volume, Noble gained 16.7 per cent or S$0.04 to S$0.28 with six million shares traded. NetLink NBN Trust traded flat at S$0.825 with five million shares traded.

Active index stocks included Clearbridge Health which started trading for the first time on Monday; and AsiaPhos, up 3.2 per cent or S$0.002 to S$0.064.