Singapore shares open higher on Thursday; STI up 0.11% to 3,174.59

The Singapore Exchange Centre in Shenton Way.
The Singapore Exchange Centre in Shenton Way.PHOTO: ST FILE

SINGAPORE - Singapore shares inched up on Thursday (Jan 24), taking their cue from a mild overnight advance on Wall Street.

The benchmark Straits Times Index ticked higher by 3.48 points, or 0.11 per cent, to 3,174.59 as of 9am.

Losers outnumbered gainers 44 to 37, after about 23.09 million shares worth S$37.02 million changed hands.

ComfortDelGro put on $0.06, or 2.78 per cent, to $2.22, while Venture Corp rose by $0.14, or 0.92 per cent, to $15.32.

Off-index stock and tech darling Creative gained $0.05, or 0.94 per cent, to $5.41.

Singtel was popular at the opening bell, adding $0.03, or 0.99 per cent, to $3.06 on a volume of 2.69 million shares. Meanwhile, telco peer StarHub was up by $0.01, or 0.57 per cent, to $1.78, but M1 lost $0.01, or 0.49 per cent, off its voluntary general offer price, to $2.05.