Singapore shares open lower on Wednesday; STI down 0.5% to 3,149.41

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SINGAPORE shares on Wednesday followed slides in the US and Europe markets overnight, with with the Straits Times Index opening down 15.91 points or 0.5 per cent to 3,149.41 as at 9.05am. Read more at The Business Times.

SINGAPORE shares on Wednesday followed slides in the US and Europe markets overnight, with with the Straits Times Index opening down 15.91 points or 0.5 per cent to 3,149.41 as at 9.05am.

About 55.7 million shares worth S$145.2 million changed hands, which worked out to an average unit price of S$2.61 per share.The most actively traded stock was Yangzijiang Shipbuilding Holdings, which rose two Singapore cents or 1.45 per cent to S$1.40 with 6.6 million shares changing hands. Other actives included Oceanus, which is on the Singapore Exchange's watch list, and Asian Pay Television Trust.Among financials, DBS Group Holdings declined S$0.10 or 0.4 per cent to S$24.

In New York last night, the S&P 500 index lost 0.8 per cent while Europe's Stoxx 600 index fell 0.2 per cent, led by European banks shedding 0.4 per cent due to aOther Asian indexes in Japan, Hong Kong and Australia also fell in morning trading sessions.

 

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