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Singapore shares rise at Friday's open; STI up 0.3% to 3,118.83


SINGAPORE stocks opened stronger on Friday, with the Straits Times Index gaining 0.3 per cent or 9.39 points to 3,118.83 as at 9.14am, ahead of a key meeting between the US and Chinese leaders on trade.

Gainers outnumbered losers 74 to 56, or about four securities up for every three down, after 133.7 million securities worth S$435.3 million changed hands.

Among the most heavily traded by volume, SingTel advanced 0.6 per cent or S$0.02 to S$3.10 with 16.4 million shares traded. Ezion Holdings increased 1.6 per cent or S$0.001 to S$0.063 with 9.4 million shares traded.

Active index stocks included DBS Group Holdings, up 0.6 per cent or S$0.15 to S$24.33; and United Overseas Bank, down 0.2 per cent or S$0.04 to S$25.07.

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