SINGAPORE shares opened stronger on Tuesday, with the benchmark Straits Times Index gaining 13.52 points or 0.5 per cent to 2,703.13 as at 9.01am.
Gainers outnumbered losers 107 to 28, after about 191.5 million securities worth S$100.2 million changed hands. Among the index stocks, the most heavily traded by volume was Genting Singapore, which was flat at S$0.78 with 3.5 million shares traded. CapitaLand fell S$0.11 or 3.6 per cent to S$2.95 on an ex-dividend basis, with some 1.1 million shares traded., the property group said it expects its operating profit after tax and minority interests to decline by 25 per cent to 35 per cent for the first half this year.
Meanwhile, banking stocks were up in the early session of trading. DBS gained S$0.22 or 1 per cent to S$22.19, UOB added S$0.29 or 1.4 per cent to S$21.46, and OCBC Bank rose S$0.11 or 1.2 per cent to S$9.44.