Singapore shares open marginally higher on Thursday

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.