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Singapore shares open lower on Friday

SINGAPORE stocks opened lower on Friday, with the Straits Times Index dropping 30.69 points or 0.9 per cent to 3,292.55 as at 9:01am, on the back of Wall Street stocks posting their biggest decline in nearly three months on Thursday.

This came as President Donald Trump doubled down on his warnings to North Korea over its nuclear programme.

On the Singapore bourse, about 125.2 million shares worth S$85.6 million in total changed hands.

The most actively traded counter was Golden Agri-Resources, which fell 0.5 Singapore cent to 37.5 cents with 16.8 million shares changing hands. Other actives included Addvalue Tech and HLH Group Limited.

Losers outnumbered gainers 137 to 30.

Elsewhere, Japanese markets were closed for a public holiday, while Australia's S&P/ASX 200 Index fell 0.5 per cent and South Korea's Kospi index lost 1.6 per cent, Bloomberg reported.

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