Singapore shares edge up at Monday's open; STI up 0.1%

The most active counter by volume was Thai Beverage Public Company, which rose 4.1 per cent or 2.5 Singapore cents to 63 cents, with 39.5 million shares traded.

Other heavily traded securities included Medtecs International which advanced 3.1 per cent or S$0.05 to S$1.66 with 4.4 million shares traded, as well as Sembcorp Marine which held steady at 22.5 Singapore cents with 2.2 million shares traded. Banking stocks were mixed in early morning trade. DBS was up 0.3 per cent or S$0.06 to S$21.13, UOB was down 0.2 per cent or S$0.03 to S$20.04, while OCBC Bank remained unchanged at S$8.95.

Other active index counters included Singapore Airlines, which declined 0.8 per cent or S$0.03 to S$3.76, as well as Keppel Corp, which lost 0.6 per cent or S$0.03 to S$4.79.Elsewhere in Asia,after official data showed the nation's economy experienced a record quarterly contraction of 7.8 per cent. The benchmark Nikkei 225 index fell 0.3 per cent to 23,212.38 in early trade, while the broader Topix index eased 0.1 per cent to 1,621.62.

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