Singapore stocks open 0.1% lower on Wednesday

SINGAPORE stocks opened lower on Wednesday, with the Straits Times Index shedding 0.1 per cent or 2.93 points to 2,847.50 as at 9.04am.

Gainers outnumbered losers 80 to 51, or more than three up for every two down, with 51.7 million shares worth S$43.8 million traded.

Noble Group was among the most active stocks out of the gate, gaining 0.8 per cent or 0.1 Singapore cent to change hands at 13 Singapore cents.

CNMC Goldmine, which has announced an extension of its mining lease, rose 2.7 per cent or 1.5 Singapore cents to 58 Singapore cents.

Among the index stocks, Jardine Cycle & Carriage slipped 0.2 per cent or seven Singapore cents to S$43.03.