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Singapore shares open marginally higher on Thursday

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SINGAPORE shares opened higher on Thursday with the benchmark Straits Times Index up 2.31 points, or 0.07 per cent, to 3,176.07 at 9.09 am.

Some 64.3 million shares worth S$128.8 million changed hands, with gainers outnumbering losers 93 to 49.

Top gainers were Jardine C&C, JSH and JMH while top losers were City Development, Dairy Farm and Hongkong Land.

The US S&P 500 Index sold off late in the session to close marginally in the red on Wednesday while US Treasuries advanced, said Bloomberg.

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