Singapore shares open 1.5 points up on Thursday

SHARES on the local bourse traded higher on Thursday's opening session with the key Straits Times Index rising 1.53 points to 3,232.77.

Some 142 million shares worth S$87 million were done with 77 counters up and 37 down.

This follows a higher overnight closing on Wall Street for the fifth consecutive session with the S&P 500 hitting a record high after the Federal Reserve's latest meeting minutes signalled that a rate hike was coming soon.