Singapore shares open higher on Monday ahead of busy news week
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SINGAPORE'S benchmark Straits Times Index (STI) opened on Monday at 2,866.01 points, up 6.89 points or 0.24 per cent, ahead of a week of newsflow that includes the renminbi's possible inclusion as a global reserve currency, expectations of European Central Bank easing, jobs data from the US to support a Federal Reserve hike in December, and rising Japan industrial output month on month.
Some 69 million shares worth almost S$200 million were traded. Gainers outmatched losers 64 to 60.
Top stocks traded by value were blue chips DBS, OCBC, City Developments, Global Logistic Properties and Singtel.
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