Singapore shares open flat on Thursday

SINGAPORE stocks opened flat on Thursday, with the Straits Times Index gaining 0.25 points to 3,238.06 as at 9.02am.

The blue-chip index was muted ahead of the outcome of the US Federal Reserve's latest policy meeting.

About 56.8 million shares worth S$61.8 million changed hands, which worked out to an average unit price of S$1.09 per share.

The most actively traded counter was Noble Group, which rose S$0.001 to S$0.124 with five million shares traded. Other actives included Golden Agri-Resources and Jadason Enterprises.

Gainers outnumbered losers 74 to 53, or about seven up for every five down.