Singapore stocks open lower on Wednesday

$FTSE Singapore Straits Time Index (.STI.SG)$ was down 13.30 points or 0.4 per cent to 3,206.93. Across the broader market, losers outnumbered gainers 59 to 43 after 32.9 million securities worth S$43.6 million changed hands.

Software and IT services company $DISA (532.SG)$ was the top-traded counter by volume with 10.7 million shares changing hands, although its share price remained flat at S$0.003 at the market open.

$Raffles Edu (NR7.SG)$ also saw brisk trading, with its share price up 13 per cent or S$0.007 to S$0.061 after the private education provider announced it was putting up its Raffles Education Square property for sale again through a public tender, with a guide price of S$200 million.

Furthermore, $Seatrium (S51.SG)$ ’s shares rose 0.8 per cent or S$0.001 to S$0.129 at the opening.

$Dow Jones Industrial Average (.DJI.US)$ shed 0.7 per cent or 245.25 points to 34,053.87. The broad-based $S&P 500 Index (.SPX.US)$ dipped 0.5 per cent or 20.88 points to 4,388.71, while the tech-rich $Nasdaq Composite Index (.IXIC.US)$ lost 22.28 points or 0.2 per cent to 13,667.29.