SINGAPORE stocks opened higher on Monday led by gains in banks and other index counters after Wall Street stocks climbed on Friday. Read more at The Business Times.
Banking stocks rose in early morning trade. DBS was trading up 1.7 per cent or S$0.36 to S$21.12, UOB rose 0.7 per cent or S$0.14 to S$19.80, while OCBC advanced 0.7 per cent or S$0.06 to S$8.77.
Other active index counters included Singtel which held steady at S$2.30 and Ascendas Real Estate Investment Trust, which was up 1.2 per cent or S$0.04 to S$3.35. Elsewhere in Asia, Tokyo stocks opened higher on Monday following rallies on Wall Street, with a higher yen against the US dollar capping the upside. The Nikkei 225 index was up 1.2 per cent to 23,157.15 in early trade, while the Topix index gained 1.2 per cent to 1,623.55.For daily updates on weekdays and specially selected content for the weekend. Subscribe to
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