Singapore shares retreat at Tuesday’s open

On the Singapore bourse, $FTSE Singapore Straits Time Index(.STI.SG)$ headed down 0.3 per cent or 8.46 points to 3,104.77 as at 9.01 am. Across the broader market, losers outnumbered gainers 57 to 46, after 62.1 million securities worth S$49.8 million changed hands.

The most active counter by volume was $Seatrium(S51.SG)$ , which held steady at S$0.108 with 37 million shares traded.

Other heavily traded securities included $ThaiBev(Y92.SG)$ , which was flat at S$0.505 with 2.5 million shares traded, and $YZJ Shipbldg SGD(BS6.SG)$ , which remained unchanged at S$1.44 with 1.6 million shares traded.

In the US, stocks finished mostly higher on Monday. $Dow Jones Industrial Average(.DJI.US)$ closed flat at 37,306.02, while the broad-based $S&P 500 Index(.SPX.US)$ added 0.5 per cent to 4,740.56. The tech-focused $Nasdaq Composite Index(.IXIC.US)$ , meanwhile, gained 0.6 per cent to end at 14,904.81.