SINGAPORE - Singapore stocks opened higher on wednesday, with the Straits Tmes Index advancing 14.30 points, or 0.45 per cent to 3,226.60 as at 9.05am.

Gainers outnumbered losers 80 to 28, after about 32.2 million shares worth $58.4 million changed hands.

The most actively traded counter was Vallianz, which traded at its current price of 0.8 cent, with about 4.6 million shares traded.

Other active stocks included Joyas International Holdings, which declined 33.33 per cent, or 0.1 cent to 0.2 cent, and Yangzijiang Shipbuilding which saw about 1.4 million shares exchanging hands at its current price of $1.30.