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Singapore shares open marginally up on Friday

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SINGAPORE shares opened higher on Friday - continuing its week-long upwards momentum - with the benchmark Straits Times Index up 3.01 points, or 0.09 per cent, to 3,174.37 at 9.03 am.

Some 189.9 million shares worth S$500.1 million changed hands, with gainers outnumbering losers 87 to 49.

Top gainers were UOB, Great Eastern and OCBC while top losers were TalkMed, Jardine C&C and JSH.

Asian markets traded sideways early on Friday, following higher tech earnings in the US after the closing bell and the European Central Bank's decision to hold rates, said CNBC.

Amazon and Alphabet both beat Wall Street expectations on both the top and bottom line, causing Nasdaq 100 futures to surge after hours.

The S&P 500 Index closed up less than 0.1 per cent after oscillating in a tight, 10-point range throughout the trading day, said Bloomberg.

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