Singapore shares open higher on Tuesday; STI up 1.2%

Pedestrians walking past the Singapore Exchange signage outside its building on Mar 2, 2017.
Pedestrians walking past the Singapore Exchange signage outside its building on Mar 2, 2017.PHOTO: ST FILE

SINGAPORE - Singapore stocks opened higher on Tuesday (March 6), with the Straits Times Index moving up 41.5 points or 1.2 per cent to 3,480.11 as at 9.16am.

About 142.4 million shares worth S$193.2 million changed hands.

Gainers outnumbered losers 174 to 48.

The most actively traded counters were Allied Tech,which rose 7 per cent, or 0.4 Singapore cent to 6.1 Singapore cents with 14.2 million shares traded; and Genting Singapore which was up 0.9 per cent, or one Singapore cent to S$1.13 with 13.8 million shares traded.

Other active stocks included Creative which was up 9 per cent to S$9.55, powered by hopes over its new audio product; and DBS which was up 1.57 per cent to S$28.44.