Singapore shares fall at Thursday’s open

$FTSE Singapore Straits Time Index(.STI.SG)$ headed down 0.5 per cent or 16.15 points to 3,115.97 as at 9.03 am. Across the broader market, losers outnumbered gainers 70 to 51, after 52.6 million securities worth S$70.4 million changed hands.

The most active counter by volume was $Genting Sing(G13.SG)$ , which dropped 1 per cent, or S$0.01 to S$0.95, with eight million shares traded.

Other heavily traded securities included $Seatrium(S51.SG)$, which held steady at S$0.11 with 3.8 million shares traded, and $ManulifeReit USD(BTOU.SG)$ , which lost 1.1 per cent or US$0.001 to US$0.093, with 3.3 million units traded.

Other active index counters included $CapLand IntCom T(C38U.SG)$ , which declined 1.6 per cent or S$0.03 to S$1.86, and $Mapletree Log Tr(M44U.SG)$ , which was down 1.3 per cent or S$0.02 to S$1.57.

US stocks finished higher on Wednesday, extending a rally from the previous day. $Dow Jones Industrial Average(.DJI.US)$ ended 0.5 per cent higher at 34,991.21. The broad-based $S&P 500 Index(.SPX.US)$ rose 0.2 per cent to 4,502.88, and the tech-rich $Nasdaq Composite Index(.IXIC.US)$ gained 0.1 per cent to close at 14,103.84.