Singapore shares fall at Wednesday’s open

$FTSE Singapore Straits Time Index (.STI.SG)$ headed down 0.7 per cent or 23.52 points to 3,224.2 as at 9.01 am. Across the broader market, losers outnumbered gainers 81 to 32 after 61.3 million securities worth S$78.7 million changed hands.

The most active counter by volume was $Singtel (Z74.SG)$ , which lost 2.8 per cent or S$0.07 to S$2.47 with 11.6 million shares traded.

Other heavily traded securities included $Seatrium (S51.SG)$ , which held steady at S$0.084 with 7.9 million shares transacted, and $Beng Kuang - watch list (BEZ.SG)$ , which lost 1.7 per cent or S$0.002 to S$0.117 with 5.6 million shares changing hands.

US stocks fell on Tuesday. Tesla’s stock finished 4.9 per cent lower and was one of the biggest drags on $S&P 500 Index (.SPX.US)$ and $Nasdaq Composite Index (.IXIC.US)$ . Healthcare shares were also among the poor performers. $Dow Jones Industrial Average (.DJI.US)$ slipped 1 per cent to 39,170.24. The S&P 500 closed 0.7 per cent lower at 5,205.81, while the Nasdaq Composite lost 1 per cent to 16,240.45.