Singapore shares open higher on Wednesday; STI up 0.22% to 3,360.86


SINGAPORE shares opened higher on Wednesday following record-breaking market closes in the US for its S&P 500 and Nasdaq Composite indices. The Straits Times Index superior 7.39 points, or 0.22 percent, to 3,360.86 as at 9.02am.


Gainers outnumbered losers 91 to 37, a ratio of about 2.5 to 1, after about 60.2 million shares well worth S$82.5 million modified hands.

The most actively traded counter was once Yangzijiang Shipbuilding, which slipped 2.52 percent or S$0.04 to S$1.55, with about 6 million shares traded.

Other active index stocks protected Rex International, which rose 1.24 percent, or 0.1 Singapore cent to S$0.082, and Sembcorp Marine, which superior 1.12 percent, or two Singapore cents to S$1.81.

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