Singapore stocks open lower on Wednesday; STI down 0.2%

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SINGAPORE stocks opened slightly lower on Wednesday, despite overnight gains on Wall Street, where major US stock indices closed at records. Read more at The Business Times.

of its cinema business onto the Singapore Exchange's junior Catalist board.

Top Glove's shares were trading lower on Wednesday morning, down S$ 0.04 or 1.8 per cent to S$2.21 as at 9.04am. Malaysia's government had said on Tuesday it had opened an investigation and wouldOver on Wall Street, major US stock indicesas optimism over potential coronavirus vaccines and revived stimulus talks in Congress offset worries about rising Covid-19 cases.

The broad-based S&P 500 ended at 3,662.45, up 1.1 per cent, topping last week's record. The tech-rich Nasdaq Composite Index gained 1.3 per cent to finish at 12,355.11, also a record, while the Dow Jones Industrial Average climbed 0.6 per cent to 29,823.92., with the benchmark Nikkei 225 index gaining 0.26 per cent or 68.89 points to 26,856.43 in early trade, while the broader Topix index was up 0.42 per cent or 7.43 points at 1,775.81.

 

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