Singapore shares open flat on Wednesday

SINGAPORE stocks opened 0.48 per cent higher on Wednesday, with the Straits Times Index (STI) adding 14.73 points to 3,071.64 - following gains on Wall Street, and in Europe and Tokyo.

About 82.9 million shares worth S$47 million in total changed hands as at 9am.

The most actively traded counter was International Healthcare Corporation, which rose by some 19 per cent to S$0.08, after it announced it has received a convertible loan facility of up to S$50 million from Oxley Holdings. Other actives included Joyas International and Cacola.

Gainers outnumbered losers 66 to 54.