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Singapore: STI open 8.13 pts higher following Wall Street gains


THE Straits Times Index (STI) opened higher on Friday, up 8.13 points or 0.24 per cent, to 3,447.99 as at 9am, after Wall Street finished mostly higher on Thursday.

The S&P 500 rose to a new record on strong earnings from Best Buy and news that CVS Health would acquire senior pharmacy services company, Omnicare, for US$12.7 billion.

The most active stocks on the Singapore Exchange included YuuZoo (up 3 Singapore cents or 13.3 per cent to S$0.255), Keppel Corporation (up six Singapore cents to S$8.84) and CapitaLand (unchanged at S$3.64).

A total of 57.4 million shares worth S$134.8 million had changed hands at about 9.00am. Gainers outnumbered losers 97 to 36.