Singapore shares open lower on Friday

SINGAPORE stocks opened lower on Friday following an overnight pullback in US markets, with the Straits Times Index declining by 0.15 per cent or 3.92 points to trade at 2,653.65 as at 9.02am.

Losers just edged out gainers 63 to 61, with 47.1 million shares worth S$73.8 million traded.

Blue chips led the early actives. Casino operator Genting Singapore rose 1.4 per cent or one Singapore cent to 71.5 Singapore cents after posting a net loss of S$7.75 million in the fourth quarter of 2015.

Property developer CapitaLand eased 2.1 per cent or six Singapore cents to change hands at S$2.85.