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Singapore shares open 1.13% higher on Monday after weak US job data
SINGAPORE stocks opened 1.13 per cent higher on Monday, with the Straits Times Index adding 31.63 points to 2,835.55 as at 9am.
This followed weaker-than-expected US August jobs data released on Friday, which reports have said will reduce the odds for a US rate hike this month.
In Singapore, about 50.1 million shares worth S$73.4 million in total changed hands. Gainers almost tripled losers at 98 to 32.
Top stocks by value traded were Singtel, DBS and Singapore Exchange.