Singapore stocks & shares opened 0.5 per cent higher on Tuesday, with the Straits Times Index gaining 14.89 points to 3,190.33 as at 9.02am. The blue-chip index was lifted after Wall Street advanced on Monday.
About 90.8 million shares worth S$116.7 million changed hands, which worked out to an average unit price of S$1.29 per share.
The most actively traded counter was Edition, which fell S$0.001 to S$0.010 with 19.7 million shares traded. Other actives included Addvalue Technologies and Golden Agri-Resources.
Gainers outnumbered losers 95 to 61, or about three up for every two down.
Stocks & shares to consider today:
SABANA Reit: The trust's unitholders on Friday overwhelmingly voted against removing its underperforming Reit manager and winding up the Reit vehicle.
First Ship Lease Trust: The shipping trust has got a lifeline from Navios Maritime Holdings, involving a mix of equity and debt financing. This includes a US$20 million second priority mortgage convertible loan.
Noble Group: Many shareholders of the commodity trader walked out of its special general meeting on Friday in protest against its share consolidation move, after their request to have the resolution postponed was rejected. Still, the resolution was passed, with 99.73 per cent of votes cast in favour of it.
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