Singapore stocks open lower on Tuesday

$FTSE Singapore Straits Time Index (.STI.SG)$ lost 11.58 points, or 0.4 per cent, to 3,246.08. Gainers slightly outnumbered losers 52 to 50 after 50.6 million securities worth S$21.9 million traded hands across the broader market.

$Seatrium (S51.SG)$ was among the most transacted securities in terms of volume with 24 million shares changing hands. Its share price remained flat at S$0.129.

$Golden Agri-Res (E5H.SG)$ was also traded briskly at the open. The palm oil company’s share prices were down S$0.005, or 1.9 per cent, to S$0.26 with 2.5 million shares changing hands.

Another actively transacted counter by volume was $Asiatic (5CR.SG)$ , which was up S$0.001 or 50 per cent to S$0.003.

While the broad based $S&P 500 Index (.SPX.US)$ and the tech rich $Nasdaq Composite Index (.IXIC.US)$ were both up 0.1 per cent and 0.2 per cent to 4,138.12 and 12,256.92 respectively, $Dow Jones Industrial Average (.DJI.US)$ closed at 33,618.69, 0.2 per cent down.