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Singapore's STI opens 0.22% lower, tracking Wall Street's losses

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SINGAPORE share prices opened lower on Wednesday, with the Straits Times Index down 7.65 points or 0.22 per cent to 3,439.36 as at 9.01am, following a decline in US and Europe stocks.

Top gainers in early morning trade included Great Eastern, DBS and CapitaLand. Shares of Polaris rose on heavy trading after Japanese SoftBank Group acquired a 19.9 per cent stake in the company's Indonesian associate company, PT Trikomsel Oke Tbk.

A total of 54.3 million shares worth S$72 million had changed hands as at 9.01am, on the first day of the second quarter of 2015. Losers outnumbered gainers 82 to 59.

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