Singapore stocks open flat on Tuesday

$FTSE Singapore Straits Time Index(.STI.SG)$ was flat, rising just 0.02 point to 3,234.91. Across the broader market, decliners outnumbered advancers 58 to 57 after 80.6 million securities worth S$39.6 million changed hands.

$Seatrium(S51.SG)$ was the most heavily traded counter by volume. It rose S$0.001 or 1.2 per cent to S$0.088, with 13.6 million securities transacted.

Other counters that were briskly traded included $VCPlus(43E.SG)$ which was down S$0.001 or 33.3 per cent at S$0.002 after four million securities were exchanged, and $Thomson Medical(A50.SG)$ which gained S$0.001 or 1.8 per cent to S$0.056 with 3.2 million securities changing hands.

Over on Wall Street, US equities mostly fell at Monday’s close, following a mix of strong US manufacturing data and inflation worries. $Dow Jones Industrial Average(.DJI.US)$ retreated 0.6 per cent to 39,566.85, while the broad-based $S&P 500 Index(.SPX.US)$ shed 0.2 per cent to 5,243.77. The tech-rich $Nasdaq Composite Index(.IXIC.US)$ edged out a gain, climbing 0.1 per cent to close at 16,396.83.