Singapore shares open 0.07% lower

SINGAPORE shares opened lower in the first minute of trading on Thursday as Wall Street slipped overnight on a drop in oil prices.

The benchmark Straits Times Index (STI) opened 2.22 points or 0.07 per cent lower at 3,119.98.

At 9.03am, 127.4 million units worth S$132.1 million changed hands, with gainers beating losers 96 to 62.

Among the most active include Genting Singapore, Sembcorp Marine and oil and gas related plays such as Ezion, Ezra and Kris Energy.