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Singapore shares open 5.24 points lower on Wednesday

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SINGAPORE share prices opened lower on Wednesday with the Straits Times Index down 5.24 points to 2,870.79 as at 9am. The US markets extended losses for the second straight session. European markets closed lower.

Top losers in early morning trade in Singapore included UOB, DBS and Singapore Exchange.

Some 20.5 million shares worth S$62 million changed hands, with losers outnumbering gainers 56 to 39.

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