Singapore stocks decline at Monday’s open

$Seatrium(S51.SG)$ was the most heavily traded counter by volume. The counter was up 2.3 per cent or S$0.002 at S$0.091, after 153.4 million securities were transacted.

Other counters that were briskly exchanged included $Singtel(Z74.SG)$ which shed 2.9 per cent or S$0.07 to reach S$2.34 after 8.4 million shares changed hands, and $ThaiBev(Y92.SG)$ , which remained flat at S$0.475, after 2.4 million securities were traded.

Over on Wall Street, stocks ended higher on Friday, boosted by strong results from tech giants after a bumpy week. The tech-rich $Nasdaq Composite Index(.IXIC.US)$ gained 2 per cent to 15,927.9, and the broad-based $S&P 500 Index(.SPX.US)$ rose 1 per cent to 5,099.96. $Dow Jones Industrial Average(.DJI.US)$ inched up 0.4 per cent to 38,239.66.