Singapore shares open higher on Wednesday

SINGAPORE stocks climbed on Wednesday morning, with the Straits Times Index up 0.4 per cent or 11.06 points to 2,800.51, mirroring gains on Wall Street.

Over in Tokyo, shares opened lower; the benchmark Nikkei 225 index fell 0.45 per cent or 73.30 points to 16,095.81 shortly after opening, while the Topix index of all first-section shares declined 0.43 per cent or 5.53 points to 1,288.37.

At Singapore Exchange, 33.2 million shares worth S$32.4 million changed hands as at 9.01am. Gainers outnumbered losers 74 to 45.