Singapore shares dip at Monday's open; STI down 0.18%
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The Singapore Exchange (SGX) Centre at Shenton Way.
PHOTO: ST FILE
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Lee Meixian
SINGAPORE - Singapore stocks opened 0.18 per cent lower on Monday (May 7), with the Straits Times Index down 6.46 points to 3,538.92 as at 9.10am.
About 122.1 million shares worth $124.5 million in total changed hands.
Gainers outnumbered losers 85 to 63.
This bucked the jump in Wall Street stocks on Friday after a mixed US jobs report mitigated fears over inflation. The Dow Jones Industrial Average rose 1.4 per cent to close the week at 24,262.51. The broad-based S&P 500 gained 1.3 per cent to end at 2,663.42, while the tech-rich Nasdaq Composite Index advanced 1.7 per cent to 7,209.62.
