Morning Updates Of Singapore SGX Market

>>S'pore: Shares open higher:

* Singapore share prices opened higher on Tuesday with the Straits Times Index up 67.45 points to 3,006.2.

* Shares were up 0.2 per cent from its open.

* Volume was 119.8 million shares worth S$110.4 million.

* Gainers outnumbered losers 78 to 52.

>>Singapore June exports beat forecasts, outlook still murky:-

* Singapore reported better-than-expected export data for June on Tuesday, providing a glimmer of hope that a prolonged slide in Asia's key electronics sector has bottomed, but economists cautioned that global demand still appeared weak.

* On a seasonally adjusted month-on-month basis, NODX grew 6.7% after contracting 2.0 percent in May.

* "The story we like is that at least electronics NODX looks like it's stabilised -- it's not on a declining path anymore," said Selena Ling, head of treasury research and strategy at Oversea-Chinese Banking Corp, Singapore's second largest lender. "But if you look at the IMF downgrade of 2013 growth, it seems like we don't expect a very strong pick-up in external demand in the near term, especially on the euro zone front", she added.

>>OCBC announces new price loan feature, its first in Singapore:-

* OCBC Securities Private Limited (OSPL) announced in its press release on Tuesday its Quality-Priced Loan feature, where tiered interest rates for financing the purchase of over 2,500 listed securities, can now be available in multiple currencies.

* As the first brokerage in Singapore to offer this service, OCBC Securities will provide namely USD, HKD, AUD and SGD- across seven global exchanges: SGX, ASX, HKEx, Bursa Malaysia, NYSE, NASDAQ and AMEX.