Singapore stocks opened lower on Monday, tracking a cautious tone across regional markets.
As at 9.15am, the Straits Times Index (STI) fell 16.63 points, or 0.43%, to 3,807.15. Market breadth was evenly balanced, with 88 gainers and 88 losers.
Turnover stood at 96.56 million securities worth S$118.73 million.
Among heavyweights, DBS Group Holdings Ltd eased 15 cents to S$42.20, United Overseas Bank Ltd (UOB) was flat at S$34.59, and Oversea-Chinese Banking Corporation Ltd (OCBC) slipped to S$15.90. Singtel was down at S$3.78.
Meanwhile, iFAST Corporation Ltd traded at S$6.63, Yangzijiang Financial Holding Ltd stood at 72.5 cents, and Yangzijiang Shipbuilding (Holdings) Ltd was at S$2.23.
Across the broader indices, the iEdge-UOB APAC Yield Focus Green REIT Index was at 2,207.64, the FTSE ST Consumer Goods & Services Index at 219.97, and the iEdge SG All Healthcare Index at 1,939.59.
On the derivatives front, trading volume for the morning session reached 18,380 contracts, with the FTSE China A50 Index Futures for May 2025 last trading at 13,209.00.
Sentiment remained cautious as investors weighed earnings announcements and developments in China's growth outlook.
