Asian Market Update

Asian stocks were mostly higher on Monday morning as investors cheered a last-minute deal to extend Greece's bailout by four months, giving Athens a lifeline to pay its bills and avoid a damaging default.

Tokyo led the charge with the benchmark Nikkei extending a 15-year high as it rose 0.81 per cent by the break, while Sydney was up 0.52 per cent, Wellington added 0.11 per cent, and Seoul climbed 0.41 per cent. Hong Kong fell 0.53 per cent.

Exchanges in Taiwan and mainland China are closed for the Lunar New Year holiday.

SGX Singapore Opening Market Update

SINGAPORE share prices opened higher on Monday with the Straits Times Index up 16.94 points to 3,452.60.

Volume was 48.2 million shares worth S$111.5 million.

Gainers outnumbered losers 104 to 45.

S&P Market News Update

The Dow and S&P 500 Friday bolted to fresh records after eurozone ministers agreed to extend Greece's bailout by four months.

The Dow Jones Industrial Average gained 154.67 points (0.86 per cent) to 18,140.44, notching its first record of 2015.

The broad-based S&P 500 rose 12.85 (0.61 per cent) to 2,110.30, while the tech-rich Nasdaq Composite Index jumped 31.27 (0.63 per cent) to 4,955.97.