SGX Singapore Opening Market Update

SINGAPORE share prices opened higher on Monday with the Straits Times Index (STI) up 4.21 points to 3,416.65 as at 9.08 am, following gains in US and European markets on Friday.

Top gainers in early morning trade included UOB, DBS and Singapore Exchange. Shares of Noble Group rose on heavy trading after the company said it will start legal proceedings following the third Iceberg report.

Some 86.7 million shares worth S$120.9 million changed hands, with gainers outnumbering losers 85 to 56.