Singapore shares open 0.63% higher on Wednesday

The New Year rally in the local market picked up pace yesterday and put the benchmark Straits Times Index within striking distance of a 12-month high.
The New Year rally in the local market picked up pace yesterday and put the benchmark Straits Times Index within striking distance of a 12-month high.PHOTO: ST FILE

SINGAPORE - Singapore shares opened higher on Wednesday (Jan 4), with the benchmark Straits Times Index at 2,898.97 in early trade, up 0.63 per cent, or 18.21 points.

Around 32.9 million shares exchanged hands.

Gainers beat losers 48 to 44.