SINGAPORE shares started Wednesday (Jun 26) on a muted note after US equities ended mixed overnight, while European shares closed in negative territory.
As at 9.01 am, the Straits Times Index (STI) opened 0.04 per cent or 1.33 points lower at 3,324.95. Across the broader market, gainers outnumbered losers 47 to 44 after 27.2 million securities worth S$35.9 million changed hands.
One of the most actively traded counters by volume was Singtel, which rose 0.4 per cent or S$0.01 to S$2.67, with 4.1 million shares changing hands.
Other heavily traded securities included Thai Beverage, which was trading flat at S$0.465. Jasper Investments’ shares fell 12.5 per cent or S$0.001 to S$0.007. Shares of Inflight caterer and ground handler Sats also declined 1.1 per cent or S$0.03 to S$2.83.
Banking stocks were trading mixed at the open. DBS increased 0.3 per cent or S$0.10 to S$35.75. UOB edged up 0.2 per cent or S$0.05 to S$30.95. OCBC decreased 0.2 per cent or S$0.03 to S$14.38.
In the US, shares ended mixed on Tuesday. The Dow Jones Industrial Average closed 0.8 per cent lower at 39,112.16, while the broad-based S&P 500 closed 0.4 per cent higher at 5,469.30.
BT in your inbox
Start and end each day with the latest news stories and analyses delivered straight to your inbox.
The tech-rich Nasdaq Composite Index ended 1.3 per cent higher at 17,717.65, after Nvidia reversed a recent decline to finish the day almost 7 per cent higher.
European stocks declined as Airbus’ shares fell after a profit warning and sparked an aerospace-related sell-off, while investors focused on French parliamentary elections later in the week. The Europe-wide Stoxx 600 ended 0.2 per cent lower at 517.70.
