The Straits Times Index gained 0.3%, or 12.35 points, to 3,744.9 as of 9:02 am, as reported by The Business Times. In the broader market, 67 stocks gained, while 25 fell, with 62.
8 million securities valued at S$65.1 million traded.
Other heavily traded stocks included Yangzijiang Shipbuilding, which gained 2.4%, or S$0.06, to S$2.58, and Genting Singapore, which dropped 0.7%, or S$0.005, to S$0.77. Wall Street closed with mixed results on Monday as investors awaited Nvidia’s earnings later in the week and showed increased interest in electric vehicle maker Tesla following reports suggesting President-elect Donald Trump might ease regulations on self-driving vehicles.The Dow Jones Industrial Average fell 0.1% to 43,389.6, while the S&P 500 gained 0.4% to 5,893.62. The Nasdaq Composite Index rose 0.6% to 18,791.81.
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