Singapore stocks opened steady on Tuesday—STI up by 0.01%

Singapore stocks opened steady on Tuesday morning, reflecting global market sentiment as investors awaited crucial inflation data.

Across the broader market, more stocks were up than down, with 80 gainers and 46 losers. A total of 52.5 million securities valued at S$64.8 million changed hands. Yangzijiang Financial Holding experienced a 1.6% rise, gaining S$0.005 to reach S$0.325, with 5.2 million shares transacted. Genting Singapore also saw significant activity, rising by 1.1% or S$0.01 to S$0.935.

The Dow Jones Industrial Average fell by 0.2% to 39,431.51, ending an eight-day winning streak. Meanwhile, the S&P 500 remained relatively unchanged at 5,221.42, and the Nasdaq Composite saw a slight increase of 0.3%, closing at 16,388.24.

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