Singapore stocks open lower on Wednesday; STI down 0.4%

to 2.11 Singapore cents for its second quarter ended June 30, from 2.92 cents a year ago, the manager said on Wednesday.

Banking stocks were mixed in early trade. DBS advanced 0.1 per cent or S$0.02 to S$21.42, UOB declined 0.7 per cent or S$0.14 to S$20.56, while OCBC Bank held steady at S$9.21. Other active index counters include the Singapore Exchange, which fell 1.2 per cent or S$0.10 to S$8.34, and Wilmar International, which fell 0.7 per cent or S$0.03 to S$4.30., lifting the Dow even as the Nasdaq retreated from its record high the previous session. The Dow ended at 26,840.40, up 0.6 per cent. The S&P 500 added 0.2 per cent to 3,257.30, while the Nasdaq Composite Index shed 0.8 per cent to 10,680.36.

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