SINGAPORE stocks began Tuesday (Sep 17) trading in positive territory, although global equities fell overnight.
As at 9.01 am, the Straits Times Index (STI) advanced 5.95 points or 0.2 per cent to 3,576.38. Across the broader market, gainers outnumbered losers 40 to 29, after 24.1 million securities worth S$29.4 million changed hands.
CapitaLand Integrated Commercial Trust was the most actively traded counter by volume. The counter gained S$0.01 or 0.5 per cent to S$2.18 after 17.1 million shares changed hands.
Other actively traded names included integrated marine logistics company Marco Polo Marine, which rose S$0.001 or 1.9 per cent to S$0.055. Palm oil company Golden Agri-Resources was trading flat at S$0.275.
Banking stocks were up in early trade. DBS advanced S$0.10 or 0.3 per cent to S$38.10. UOB rose S$0.11 or 0.3 per cent to S$32.39, and OCBC was up S$0.01 or 0.1 per cent to S$15.24.
Wall Street stocks ended Monday mixed as markets weighed competing potential outcomes for an upcoming Federal Reserve decision on interest rates.
The Dow Jones Industrial Average ended up 0.6 per cent at an all-time high of 41,622.08, while the broad-based S&P 500 edged up 0.1 per cent to 5,633.09. The tech-rich Nasdaq Composite Index declined 0.5 per cent to 17,592.13.
In Europe, stocks closed slightly lower on Monday, dragged down by losses in heavyweight technology shares.
The pan-European Stoxx 600 index was down 0.2 per cent at 515.11.
