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Singapore shares open higher on Wednesday after Wall Street rises

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SINGAPORE'S benchmark Straits Times Index was at 2,895.17 points at 9.07am on Wednesday, up 24.91 points or 0.87 per cent.

This was after Wall Street gained despite weak US manufacturing data showing that the sector contracted last month.

In Singapore, some 72.6 million shares worth S$102.7 million were traded, with gainers outnumbering losers 90 to 39.

Top stocks by value traded were Global Logistic Properties, CapitaLand, DBS, Singtel and OCBC.