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Singapore shares open 1.6 points higher on Wednesday


SINGAPORE shares opened marginally higher on Wednesday following a retreat on Wall Street overnight, driven by uncertainty ahead of the UK's general election and congressional testimony from fired former FBI chief James Comey.

Also thrown into the mix was the deepening crisis between Qatar and other Gulf states.

The benchmark Straits Times Index opened 1.6 points or 0.05 per cent higher at 3,237.35.

Turnover was 85.7 million units valued at S$73 million, with losers beating gainers 66 to 54.

Some of the active counters shortly after opening included ST Engineering, Keppel DC Reit and Singapore Telecommunications.

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