Singapore shares muted at Thursday’s open amid global retreat

$FTSE Singapore Straits Time Index(.STI.SG)$ edged up 0.03 per cent or 0.8 point to 3,200.24 as at 9.01 am. Across the broader market, losers outnumbered gainers 62 to 42, after 55.7 million securities worth S$44.7 million changed hands.

The most active counter by volume was $海庭(S51.SG)$ , which lost 1.7 per cent or S$0.002 to S$0.113 with 24.2 million shares traded.

Other heavily traded securities included $Rex Intl(5WH.SG)$ , which added 1.7 per cent or S$0.003 to S$0.185 with 3.7 million shares traded, and $Singtel(Z74.SG)$ , which shed 0.4 per cent or S$0.01 to S$2.42 wth 2.9 million shares traded.

$Dow Jones Industrial Average(.DJI.US)$ dropped 0.8 per cent to 37,430.19. The broad-based $S&P 500 Index(.SPX.US)$ retreated 0.8 per cent as well to 4,704.81, and the tech-focused $Nasdaq Composite Index(.IXIC.US)$ slid a further 1.2 per cent to finish the day at 14,592.21.