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Singapore shares open 0.1% up on Friday

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SINGAPORE shares opened 0.1 per cent higher on Friday, with the Straits Times Index advancing 2.47 points to 2,540.75 as at 9am.

The blue-chip index inched up after US Federal Reserve chair Janet Yellen said she was not taking negative rates off the table.

About 27 million shares worth S$47.6 million changed hands, which worked out to an average unit price of S$1.76 per share.

The most actively traded counter was LionGold, which was flat at S$0.004 with 16.8 million shares changing hands as at 9.18am. Other actives included Noble Group and Singtel.

Losers outnumbered gainers 73 to 35, or about two down for every one up.