Singapore: Straits Times Index opened higher on Monday morning above 3200 mark up 2.71 points, or 0.08 percent to 3,201.36.
Gainers dwarfed losers 120 to 182 after about 28.6 million offers worth $46.7 million changed hands.
The most active traded counters were China Medical, LionGold which both traded at cost of $0.001, with around five million offers exchanged.
Other active stocks included GentingSing, SingTel, Thomson Medical, and Spackman
Creative Technology: After getting good response to super X Fi technology company ready to work with original equipment manufacturers (OEMs) to incorporate its Super X-Fi headphone technology into their products.
Keppel Corporation: Company has secured contract to design, build and operate pipe racks on Jurong Island worth about $40 million. The contract was awarded by JTC Corporation to Pipenet, a wholly owned subsidiary of Keppel Infrastructure, for the construction of pipe racks.
ICP Ltd: PE firm CMIA Capital Partners has took stake up to $3.9 million worth of new shares in hotel management company ICP Ltd. Catalist-listed ICP announced on Monday that it has issued 460 million new ordinary shares at $0.0085 per share to CMIA.
Forex: USD/SGD pair trades at 1.3533 against previous close 1.3528 up 0.04%
Daily Range: 1.3516-1.3540
US market initially moved lower but later staged a recovery attempt over the course of the trading session on Friday. The major indexes climbed well off worst levels of the day session but still closed slightly lower.
The Nasdaq fell 14.59 points or 0.2 percent to 6,971.48, the Dow and the S&P 500 both edged down by less than a tenth of a percent. The Dow dipped 5.97 points to 23,995.95 and the S&P 500 slipped 0.38 points to 2,596.26.
US consumer price index slipped by 0.1 percent in December after coming in unchanged in November. The drop in CPI came as per estimates.
Gold Price: Gold price trade flat near Friday close of $1288. Comex Gold future up 0.80 in early trade.
Gold Range: $1281-$1293