Singapore shares fall at Wednesday’s open
Singapore shares fell at the opening bell on Wednesday (Feb 28) morning, after a mixed performance in global markets.
$FTSE Singapore Straits Time Index (.STI.SG)$ fell 0.3 per cent or 9.23 points to 3,148.09 as at 9.01 am. Across the broader market, gainers outnumbered losers 53 to 48 after 56.6 million securities worth S$63.8 million changed hands.
$Seatrium (S51.SG)$ was the most heavily traded counter by volume. It traded flat at S$0.09 after 11 million securities were transacted.
Other companies that were briskly traded included $YZJ Shipbldg SGD (BS6.SG)$ , which gained 0.6 per cent or S$0.01 to S$1.68, as well as $Thomson Medical (A50.SG)$ , which rose 3.9 per cent or S$0.002 to S$0.054.
In the US, stocks finished mixed on Tuesday after downcast US consumer confidence and durable goods data. $Dow Jones Industrial Average (.DJI.US)$ slipped 0.3 per cent to 38,972.41. The broad-based $S&P 500 Index (.SPX.US)$ rose 0.2 per cent to 5,078.18, and the tech-rich $Nasdaq Composite Index (.IXIC.US)$ gained 0.4 per cent to 16,035.30.
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