SINGAPORE shares began Tuesday (Sep 10) trading in positive territory, mirroring overnight gains in global markets.
As at 9.01 am, the Straits Times Index (STI) climbed 0.5 per cent or 15.59 points to 3,512.12. Across the broader market, gainers outnumbered losers 83 to 34 after 47.2 million securities worth S$37.8 million changed hands.
Hotel operator Asia-Pacific Strategic Investments was the most actively traded counter by volume. The counter was trading flat at S$0.001, with 23.1 million shares having changed hands.
Other actively traded counters included Seatrium, which rose 2 per cent or S$0.03 to S$1.57. Singtel shares gained 1.3 per cent or S$0.04 to S$3.18.
Banking stocks were trading higher at the open. DBS climbed 0.5 per cent or S$0.20 to S$37.39. OCBC rose 0.5 per cent or S$0.08 to S$15.08. UOB increased 0.5 per cent or S$0.15 to S$32.04.
Wall Street stocks ended Monday higher in a partial rebound from last week’s retreat, following Apple’s new iPhone 16 launch and ahead of key inflation data.
The Dow Jones Industrial Average finished 1.2 per cent higher at 40,829.59. The broad-based S&P 500 advanced 1.2 per cent to 5,471.05, and the tech-rich Nasdaq Composite climbed 1.2 per cent to 16,884.60.
In Europe, shares finished higher as investors await an interest rate cut from the European Central Bank later this week. The pan-European Stoxx 600 index closed 0.8 per cent higher at 510.70.
