Singapore shares rise at Thursday’s open

$FTSE Singapore Straits Time Index (.STI.SG)$ gained 0.2 per cent or 6.36 points to 3,145.29 as at 9.01 am. Across the broader market, gainers outnumbered losers 61 to 56 after 48.2 million securities worth S$40 million changed hands.

$Seatrium (S51.SG)$ was the most heavily traded counter by volume. It gained 1.2 per cent or S$0.001 to S$0.088 after 19.2 million securities were transacted.

Other companies that were briskly traded included $YZJ Fin Hldg (YF8.SG)$ , which rose 1.5 per cent or S$0.005 to S$0.34, as well as $ESR-REIT (J91U.SG)$ which fell 1.6 per cent or S$0.005 to S$0.305.

Over on Wall Street, stocks slipped on Wednesday as investors await inflation data expected to influence the Federal Reserve’s upcoming policy decisions. $Dow Jones Industrial Average (.DJI.US)$ slipped 0.1 per cent to 38,949.02. The broad-based $S&P 500 Index (.SPX.US)$ dropped 0.2 per cent to 5,069.76, and the tech-rich $Nasdaq Composite Index (.IXIC.US)$ declined 0.6 per cent to 15,947.74.