SINGAPORE equities began trading in positive territory on Tuesday (Jun 11), after US stocks inched up on Monday.
As at 9.03 am, the Straits Times Index (STI) opened 0.2 per cent or 6.83 points higher at 3,328.91. Across the broader market, gainers outnumbered losers 68 to 40 after 47.1 million securities worth S$74.9 million changed hands.
The most actively traded counter by volume of the morning was Singtel : Z74 0% with 10.6 million shares traded. The counter rose 0.8 per cent or S$0.02 to S$2.56.
Genting Singapore : G13 0% shares were traded quickly as well, inching up 0.6 per cent or S$0.005 to S$0.885. AsiaPhos : 5WV 0% edged up 14.3 per cent or S$0.001 to S$0.008.
Banking stocks traded higher at the opening bell. DBS : D05 0% inched up 0.4 per cent or S$0.15 to S$35.78. OCBC : O39 0% climbed 0.1 per cent or S$0.02 to S$14.25, while UOB : U11 0% increased 0.1 per cent or S$0.03 to S$30.76.
Wall Street stocks edged higher on Monday, as investors looked ahead to a Federal Reserve meeting and a key consumer price report.
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The broad-based S&P 500 climbed 0.3 per cent to 5,360.79. The Dow Jones Industrial Average finished up 0.2 per cent at 38,868.04, while the Nasdaq advanced 0.4 per cent to 17,192.53.
European shares fell on Monday, with French stocks hit after President Emmanuel Macron called a snap election following a heavy trouncing of his allies in European Union parliamentary elections.
The pan-European Stoxx 600 index fell 0.3 per cent or 1.39 points to 522.16.
