Singapore shares open in the red on Tuesday
Singapore stocks fell at the opening bell on Tuesday (Apr 30) morning, despite overnight gains in global markets.
$FTSE Singapore Straits Time Index (.STI.SG)$ fell 8.54 points or 0.3 per cent to 3,273.51. Across the broader market, gainers were on a par with losers 51 to 51 after 60.9 million securities worth S$48.6 million changed hands.
$Seatrium (S51.SG)$ was the most heavily traded counter by volume. The counter was down 1.1 per cent or S$0.001 at S$0.092, after 30.7 million securities were transacted.
Other counters that were briskly traded included $DISA (532.SG)$ which remained flat at S$0.002, after 3.6 million shares changed hands, and $Yoma Strategic (Z59.SG)$ which gained 4.3 per cent or S$0.002 to S$0.049, after 2.8 million securities were traded.
Over on Wall Street, stocks inched up on Monday ahead of a Federal Reserve interest rate decision, and the release of key earnings reports and US economic data this week. The tech-heavy $Nasdaq Composite Index (.IXIC.US)$ gained 0.4 per cent to 15,983.08, and the broad-based $S&P 500 Index (.SPX.US)$ climbed 0.3 per cent to 5,116.17. $Dow Jones Industrial Average (.DJI.US)$ advanced 0.4 per cent to 38,386.09.
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