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Singapore shares open little changed on Thursday


THE Singapore market opened little changed on Thursday, after the US Federal Reserve continued to keep mum on the timing of its rate hike, which traders and investors had been waiting for.

The Straits Times Index slipped 2.13 points or 0.06 per cent to 3,281.87 as at 9.03am.

The Federal Reserve had kept its benchmark interest rate at near-zero per cent after a two-day policy meeting. US stocks gained on Wednesday after the announcement.

At Thursday's market opening in Singapore, some 97.5 million shares worth S$74.8 million changed hands, with gainers outnumbering losers 91 to 42.

Global Logistic Properties, DBS Group, Singtel and Singapore Exchange were among the most actively traded stocks by value.