Singapore shares inch lower at Tuesday’s open

$FTSE Singapore Straits Time Index(.STI.SG)$ headed down 0.1 per cent or 1.77 points to 3,109.81 as at 9.02 am. Across the broader market, gainers outnumbered losers 75 to 35, or about two securities up for every one down, after 62.6 million securities worth S$51.9 million changed hands.

The most active counter by volume was $海庭(S51.SG)$ , which lost 0.9 per cent or S$0.001 to S$0.108, with 24.2 million shares traded.

Other heavily traded securities include $Singtel(Z74.SG)$ which was down 1.3 per cent or S$0.03 to S$2.28 with 5.2 million shares traded, as well as $ManulifeReit USD(BTOU.SG)$ , which held steady at US$0.102 with 1.6 million units changing hands.

Other active index counters included $YZJ Shipbldg SGD(BS6.SG)$ , which slid 1.4 per cent or S$0.02 to S$1.45 and $Mapletree Log Tr(M44U.SG)$ , which rose 1.3 per cent or S$0.02 to S$1.60.

In the US, tech shares led market gains on Monday amid retreating Treasury yields. The tech-rich $Nasdaq Composite Index(.IXIC.US)$ rose 1.1 per cent to finish at 14,284.53. $Dow Jones Industrial Average(.DJI.US)$ ended 0.6 per cent at 35,151.04, while the broad-based $S&P 500 Index(.SPX.US)$ gained 0.7 per cent to 4,547.38.