Singapore shares opened lower on Monday, with the benchmark Straits Times Index (STI) slipping 14.29 points, or 0.26%, to 5,455.00 as investors adopted a cautious stance at the start of the trading week.
As of 9.06 am, 109.34 million shares worth S$159.62 million had changed hands on the Singapore Exchange (SGX). Market breadth was negative, with 105 decliners outnumbering 78 advancers.
Among the heavyweight stocks, DBS eased 0.13 point, or 0.19%, to S$70.32. Keppel slipped to S$11.57, while OCBC Bank traded at S$27.40 and United Overseas Bank (UOB) stood at S$44.28. Sembcorp Industries changed hands at S$5.67, while Yangzijiang Shipbuilding was at S$3.55.
In the derivatives market, trading volume reached 25,840 contracts by 8.55am. USD/SGD July futures were quoted at 1.2914, while SGX MSCI Singapore Index July futures stood at 513.00.
Elsewhere, the Nikkei 225 Index September futures were at 68,265.00, while FTSE China A50 Index July futures were quoted at 14,962.00.
