Singapore stocks fall at Monday’s open

$FTSE Singapore Straits Time Index(.STI.SG)$ fell 30.02 points or 0.9 per cent to 3,186.89. Across the broader market, losers outnumbered gainers 132 to 22 after 69.5 million securities worth S$95.7 million changed hands.

$Seatrium(S51.SG)$ was the most heavily traded counter by volume. The counter remained unchanged at S$0.081, after 7.8 million securities were transacted.

Other counters that were briskly traded included $Singtel(Z74.SG)$ which was down 0.8 per cent or S$0.02 at S$2.35, after 6.7 million shares changed hands, and $ThaiBev(Y92.SG)$ which lost 2 per cent or S$0.01 to S$0.48, after 5.3 million securities were exchanged.

Over on Wall Street, stocks finished in the red on Friday, following a rocky week and concerns over political escalation of conflict in the Middle East. The tech-heavy $Nasdaq Composite Index(.IXIC.US)$ shed 1.6 per cent to 16,175.09, and the broad-based $S&P 500 Index(.SPX.US)$ retreated 1.5 per cent to 5,123.41. $Dow Jones Industrial Average(.DJI.US)$ also sank 1.2 per cent to 37,983.24.