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Singapore shares open flat on Friday ahead of Fed chief's speech

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SINGAPORE shares opened flat on Friday ahead of a speech by US Federal Reserve chair Janet Yellen, with the Straits Times Index gaining just 0.08 points to 2,877.01 as at 9.04am.

Gainers matched losers 57 to 53 after 37.2 million shares worth S$48.6 million changed hands.

Land transport company ComfortDelGro Corporation was among the top actives, trading unchanged at S$2.82 after 2.7 million shares changed hands.

Industrial conglomerate Keppel Corporation was also flat at S$5.39 with 1.6 million shares traded.