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Singapore stocks rose on Tuesday’s open—STI increased by 0.5%

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The broader S&P 500 and the tech-heavy Nasdaq Composite also climbed by 1.2%, closing at 5,471.05 and 16,884.60, respectively

The Straits Times Index increased by 0.5%, or 15.59 points, reaching 3,512.12 by 9:01 am, as reported by The Business Times.

Asia-Pacific Strategic Investments was traded with the highest volume. Its price remained flat at S$0.001, with 23.1 million shares traded. Other stocks with significant trading activity included Seatrium, which gained 2%, or S$0.03, to S$1.57.Banking stocks all traded higher at Tuesday’s open. DBS increased by 0.5%, adding S$0.20 to reach S$37.39. OCBC followed suit with a 0.5% rise, increasing by S$0.08 to S$15.08. UOB also gained 0.5%, or S$0.15, to trade at S$32.04.

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