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Singapore shares open lower on Friday

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SINGAPORE shares opened lower on Friday, following a retreat on Wall Street amid a mixed bag of earnings.

At 9.02am, the Straits Times Index was down 20.37 points or 0.68 per cent at 2,940.41.

Some 56.1 million shares worth S$51.9 million changed hands.

Losers outpaced gainers 76 to 49.