Singapore Straits Times Index opened higher by 1.31% or 38.71 points at 2,984.14, buoyed by Wall Street's biggest two-day gain since the 2008 global financial crisis.
OLAM International will take a strategic stake in the Singapore-listed commodity trader for S$1.53 billion.
GuocoLeisure posted a 23 per cent rise in net profit, to US$47.9 million.
Sim Lian net profit for the full year ended June 30, 2015, increased 41 per cent from a year ago to S$240.4 million, on the back of a 67 per cent jump in revenue to S$1.2 billion.
Noble Group rises 14% to lead gains on Singapore benchmark.
Stats Chip asks SGX for suspension of trading in its shares.
LionGold responded SGX on query on auditor's disclaimer of opinion.
Oil markets have catched breath after biggest gains in past six years.
Gold coasts along as stocks perk up.
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