Singapore shares open higher on Thursday

SINGAPORE share prices opened 0.15 per cent higher on Thursday with the Straits Times Index up 4.87 points to 3,215.69 at 9.07 am.

Among the highest value traded stocks were Jardine Matheson Holdings (up 60 cents to S$64.49); DBS (down one cent to S$20.46) and Thai Beverage (up one cent to S$0.885).

Overall, 135.8 million shares worth S$284.3 million changed hands. Gainers outnumbered losers 76 to 59.

On Wall Street, stocks dipped on Wednesday with banking shares tumbling as a Federal Reserve report pointed to ebbing optimism in companies around the United States. The three major indices each fell by 0.1 per cent.