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Singapore shares open higher on Monday after Wall Street rally

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SINGAPORE share prices opened higher on Monday with the Straits Times Index up 2.48 points to 2,839.48 as at 9.01am, following Wall Street rally on Friday. The S&P 500 and Dow Jones Industrial average closed at two-month highs on Friday, bolstered by a better-than-expected US jobs report and another rise in oil prices.

Top gainers in early-morning trade included Ezra Holdings, Noble and Rex International.

Some 60.4 million shares worth S$84.6 million changed hands, with gainers outnumbering losers 92 to 27.

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