Singapore shares open up 3.6 points on Friday

SINGAPORE share prices opened higher on Friday with the Straits Times Index (STI) up 3.6 points to 2,847.40 points as at 9.02am.

US markets closed lower overnight, snapping three straight days of gains. US crude oil prices also ended lower, but remain at levels not seen since July 2015, hovering above US$50 per barrel.

Top gainers in early morning trade included Keppel Corporation, and mm2 Asia. Some 27.9 million shares worth S$27.5 million changed hands, with losers outnumbering gainers 60 to 57.