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Singapore shares open higher on Thursday; STI up 0.1% to 3,318.5

SINGAPORE stocks opened 0.1 per cent higher on Thursday, with the Straits Times Index rising 2.6 points to 3,318.5 as at 9:05 am.

Gainers outnumbered losers 59 to 40, or about three up for every two down, as some 49 million shares worth S$69.2 million in total changed hands.

The most actively traded counter was Noble Group, which rose S$0.008 or nine per cent to S$0.096 with 5.2 million shares changing hands. Other actives included QT Vascular, up 7.7 per cent to S$0.014 with 4.85 million shares traded, and YZJ Shipbuilding SG, flat at S$0.94 with 3.14 million shares changing hands.

Active index shares included DBS at S$27.16, up 0.56 per cent or S$0.15, and Wilmar International at S$3.07, down 1.6 per cent or S$0.05.

In US indices overnight, the Nasdaq jumped to a fresh record on Wednesday, boosted by tech and media shares, while the Dow continued to be weighed down by trade war anxiety.

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Over in Tokyo, stocks opened lower on Thursday due to lingering worries over a US-China trade war as the US commerce secretary pledged to continue punitive tariffs on China.

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