SINGAPORE stocks began trading in positive territory on Tuesday (Nov 19) after global equities ended mixed overnight.
As at 9.02 am, the Straits Times Index (STI) rose 12.35 points or 0.3 per cent to 3,744.9.
Across the broader market, gainers outnumbered losers 67 to 25 after 62.8 million securities worth S$65.1 million changed hands.
Watch-listed Salt Investments was the most actively traded counter by volume. It was flat at S$0.004 with 31.7 million securities changing hands.
Other actively traded counters included Yangzijiang Shipbuilding, which advanced 2.4 per cent or S$0.06 to S$2.58, and Genting Singapore, which fell 0.7 per cent or S$0.005 to S$0.77.
Banking stocks were mostly trading up at the open. DBS climbed 0.3 per cent or S$0.12 to S$42.52 and UOB rose 0.1 per cent or S$0.05 to S$36.53. OCBC declined 0.1 per cent or S$0.01 to S$16.43.
Wall Street stocks finished mixed on Monday, as traders brace for Nvidia earnings later this week and pile into electric vehicle maker Tesla in light of press reports that President-elect Donald Trump could ease regulation on self-driving vehicles. The Dow Jones Industrial Average was down 0.1 per cent at 43,389.6. The broad-based S&P 500 Index rose 0.4 per cent to 5,893.62, and the tech-heavy Nasdaq Composite Index gained 0.6 per cent to 18,791.81.
European shares were weighed down by declines in real estate stocks, and investors have European Central Bank policymakers under close watch to assess the future direction of interest rates. The pan-European Stoxx 600 index closed 0.1 per cent lower at 502.84.
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