Wednesday, August 19, 2015

Singapore shares open higher on Wednesday ahead of Fed meeting's minutes

SINGAPORE share prices opened higher on Wednesday with the Straits Times Index up 5.8 points or 0.19 per cent to 3,055.45 as at 9.11am, despite selloffs in Asian stocks for a fourth day as investors await clues from the US Federal Reserve on the timing of a US interest-rate increase.
Tokyo stocks opened 0.34 per cent lower on Wednesday, tracking falls on Wall Street and another plunge on China's main index. The MSCI Asia-Pacific Index dropped 0.1 per cent to 136.83 as at 9.01am in Tokyo, extending a seven-month low.

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