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Singapore shares open slightly lower on Thursday

LIKE an engine running out of fuel, Singapore shares opened marginally lower on Thursday despite another overnight rally on Wall Street that pushed Standard & Poor's 500 Index to a four-month high as oil prices advanced.

At 9.05am, the Straits Times Index was down 0.21 points at 2,949.74.

Some 126.1 million shares were traded, valued at S$121.1 million.

Gainers outpaced losers 87 to 50.

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