--- title: "Local stock market rises at the opening on Thursday | Lianhe Zaobao" type: "News" locale: "en" url: "https://longbridge.com/en/news/273301613.md" description: "The Singapore stock market opened higher on January 22, with the Straits Times Index rising 0.59% to 4,838.41 points, trading volume at 263.94 million shares, and turnover at SGD 144.17 million. There were 126 gainers and 39 losers. JMH USD had the largest increase, while ST Engineering fell by 0.94%. Toku Ltd. debuted at a trading price of SGD 0.27, above the offering price of SGD 0.25. ASTI Holdings resumed trading on its first day, with its stock price rising 200% to SGD 0.042" datetime: "2026-01-22T01:18:46.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/273301613.md) - [en](https://longbridge.com/en/news/273301613.md) - [zh-HK](https://longbridge.com/zh-HK/news/273301613.md) --- # Local stock market rises at the opening on Thursday | Lianhe Zaobao The Singapore stock market opened higher on Thursday (January 22) following the overnight rise in U.S. stocks. As of 9:05 AM, the Straits Times Index rose by 0.59% or 28.53 points, reporting at 4838.41 points. The total trading volume was 263.94 million shares, with a turnover of SGD 144.17 million. There were 126 advancing stocks and 39 declining stocks. Most of the constituents of the index rose, with increases ranging from 0.20% to 1.76%; JMH USD had the largest gain. #### Extended Reading Stocks to watch on Thursday Tensions in U.S.-Europe relations dampen market sentiment; the index fell by 0.38% The declining stock was ST Engineering, which fell by 0.94%. The latest trading price for Toku Ltd., which debuted on Thursday, was SGD 0.27, above the IPO price of SGD 0.25. The semiconductor manufacturing equipment maker ASTI Holdings, which resumed trading on the first day, saw its stock price surge by 200%, currently reported at SGD 0.042. ![read on app](https://imageproxy.pbkrs.com/https://dss0.zbstatic5.com/web2/_astro/read-on-app.Bhqm8G_V.svg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg) Continue reading in the morning report app Expand full text ![arrow down](https://imageproxy.pbkrs.com/https://dss0.zbstatic5.com/web2/_astro/arrow-down.BMzQTRgn.svg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg) ### Related Stocks - [J36.SG](https://longbridge.com/en/quote/J36.SG.md) - [S63.SG](https://longbridge.com/en/quote/S63.SG.md) - [TKU.SG](https://longbridge.com/en/quote/TKU.SG.md) - [575.SG](https://longbridge.com/en/quote/575.SG.md) - [STI.SG](https://longbridge.com/en/quote/STI.SG.md) ## Related News & Research - [First condo launches in Tengah and Bayshore ignite April jump in new private home sales](https://longbridge.com/en/news/286568874.md) - [Singapore to undergo 2027 int’l review on advanced nuclear readiness](https://longbridge.com/en/news/286995294.md) - [New ISCA taskforce to probe financial reporting gaps](https://longbridge.com/en/news/286026630.md) - [AI boom insulates Singapore's exports from Middle East fallout: report](https://longbridge.com/en/news/286854216.md) - [SBF calls for strong execution of Singapore’s Economic Strategy Review](https://longbridge.com/en/news/286488938.md)