Yinda Infocomm shares were up 13.8 per cent or 1.2 Singapore cents to 9.9 cents with 2.2 million shares changing hands. Its board on Monday said the company's management is in early stages of discussion with a third party regarding a"potential transaction".
Banking stocks were down in early morning trade. DBS fell 0.3 per cent or S$0.07 to S$21.48, UOB dropped 0.2 per cent or S$0.04 to S$20.04, while OCBC dipped 0.1 per cent or S$0.01 to S$8.80. Other active index counters include the Singapore Exchange, which held steady at S$9.06, and ST Engineering, which remained unchanged at S$3.68.. The Nikkei 225 index edged up 0.1 per cent to 23,547.33 in early trade, while the broader Topix index was flat at 1,625.57 after hovering between negative and positive territory at the open.For daily updates on weekdays and specially selected content for the weekend.