Singapore shares rise at Tuesday’s open
Singapore stocks opened higher on Tuesday (Oct 31), tracking overnight gains in the US and European stock markets.
$FTSE Singapore Straits Time Index(.STI.SG$ headed up 0.6 per cent or 19.49 points to 3,083.78 as at 9.01 am. Across the broader market, gainers outnumbered losers 105 to 33 after 66.1 million securities worth S$50.6 million changed hands.
The most active counter by volume was $海庭(S51.SG$ , which rose 0.9 per cent or S$0.001 to S$0.112 with 25.2 million shares traded.
Other heavily traded securities included $Genting Sing(G13.SG$ , which was up 1.7 per cent or S$0.015 to S$0.88, with 2.6 million shares traded, and $OUEREIT(TS0U.SG$ , which gained 2.2 per cent or S$0.005 to S$0.23, with 1.3 million shares traded.
Other active index counters included $Singtel(Z74.SG$ , which advanced 0.4 per cent or S$0.01 to S$2.39 and CapitaLand Investment, which was up 1.4 per cent or S$0.04 to S$2.95.
Wall Street stocks finished higher on Monday ahead of the Federal Reserve’s interest rate decision.
$Dow Jones Industrial Average(.DJI.US$ jumped 1.6 per cent to end the day at 32,928.96, $S&P 500 Index(.SPX.US$ rose 1.2 per cent to 4,166.82, while the tech-heavy $Nasdaq Composite Index(.IXIC.US$ finished 1.2 per cent higher as well to reach 12,789.48.
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