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Singapore: Shares open lower on Thursday after mixed earnings in US

Thursday, February 26, 2015 - 09:24

SINGAPORE share prices opened lower on Thursday with the Straits Times Index down 3.88 points to 3,436.95 at 9am, following mixed corporate earnings in the United States and a second day of congressional testimony from Fed chair Janet Yellen.

In all, some 54.6 million shares worth S$69.3 million changed hands, with gainers outnumbering losers 66 to 63.

Among the exchange's most active stocks was Genting Singapore, which broke its S$1 resistance on Wednesday after a disappointing set of Q4 results. Some 5.6 million Genting shares changed hands in early trading, while the stock price stayed flat at S$0.98.

Meanwhile, Noble has come under a second attack by little-known short-seller Iceberg Research on Thursday, and halted trading.

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