BullnBearTrading wrote a post · Jun 6, 2023 10:51

Singapore stocks open lower on Tuesday

Singapore shares opened lower on Tuesday (Jun 6) following overnight losses in the global markets.

$FTSE Singapore Straits Time Index (.STI.SG)$ was down 8.92 points or 0.3 per cent to 3,180.09 as at 9.01am. Across the broader market, losers outnumbered gainers 61 to 45 after 46.5 million securities worth S$49.1 million changed hands.

$Seatrium (S51.SG)$ was the top traded stock by volume, losing 1.6 per cent or S$0.002 to S$0.124 with 22 million shares changing hands.

$Matex Intl (M15.SG)$ was also actively traded, rising 20 per cent or S$0.005 to S$0.03 after 4.5 million of securities changed hands at the open.

Meanwhile, $CapLand IntCom T (C38U.SG)$ fell 1.5 per cent or S$0.03 to S$1.98.

All three US indices declined on Monday’s closing after investors took profit on last week’s rebound after Congress agreed to suspend the US debt default.

The broad-based $S&P 500 Index (.SPX.US)$ dipped 0.2 per cent or 8.58 points to 4,273.79 while the tech-focused $Nasdaq Composite Index (.IXIC.US)$ slipped 11.34 points or 0.1 per cent to 13,229.43.

$Dow Jones Industrial Average (.DJI.US)$ also fell 0.6 per cent or 199.9 points to 33,562.86.

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