Singapore stocks rise at Tuesday’s open; STI up 0.3%

SINGAPORE shares rose in early trade on Tuesday (Jan 11) even as US stocks finished mostly lower on ongoing worries over shifting Federal Reserve policy.

The Straits Times Index (STI) rose 0.3 per cent or 9.56 points to 3,236.61 as at 9.02 am.

Gainers outnumbered losers 64 to 61, after 60.9 million securities worth S$133.2 million changed hands.

The most active counter by volume was index counter Singtel Singtel: Z74 +3.86%, which was up 3.4 per cent or S$0.08 at S$2.41, after 10.9 million shares were traded.

Fellow index counter Mapletree Commercial Trust Mapletree Com Tr: N2IU 0% was also actively traded at the open, down 0.6 per cent or 1 cent at S$1.82, with 4.9 million units changing hands.

Another heavily traded stock was casino operator Genting Singapore Genting Sing: G13 0%, which saw about 3.7 million shares traded. The counter opened lower at S$0.76, down 1.3 per cent or S$0.01.

https://www.businesstimes.com.sg/stocks/singapore-stocks-rise-at-tuesdays-open-sti-up-03-1