Singapore shares rise on first day of trading in 2018; STI up 2.66 points

The Singapore Exchange building (SGX) at Shenton Way.
The Singapore Exchange building (SGX) at Shenton Way.PHOTO: AFP

SINGAPORE - Local stocks opened stronger on Tuesday (Jan 2), with Straits Times Index up 2.66 points or 0.08 per cent to 3,405.58 points at 9.02am, after the US stock market ended 2017 with its biggest annual gain in four years.

Gainers outnumbered losers 90 to 33 after 61.8 million shares worth S$40.3 million changed hands.

Active index stocks included Singtel, up two Singapore cents, Golden Agri-Resources, up 0.5 Singapore cent, SIA down three Singapore cents and UOB down 1.5 Singapore cent.