Singapore shares opened higher on Thursday (Jun 15), following the decision to pause the interest rate hike by the US Federal Reserve.
$FTSE Singapore Straits Time Index (.STI.SG)$wasup 4.1 points or 0.1 per centto 3,222.24 as at 9.02 am. Across the broader market, losers were closely matched with gainers at 62 to 61 after 129.8 million securities worth S$99.7 million changed hands.
$Seatrium (S51.SG)$was actively traded in terms of volume,losing 1.6 per centor S$0.002 to S$0.126 with 88.8 million shares changing hands at the open.
$Matex Intl (M15.SG)$was also briskly traded,gaining 3.7 per centor S$0.001 to S$0.028.
Index counter$Singtel (Z74.SG)$rose 1.2 per centor S$0.03 to S$2.52, with three million shares transacted.
Wall Street indices were mixed at Wednesday’s close, with the Fed maintaining current interest rates but signalling borrowing costs might increase to resolve the slower decline in inflation.
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