[SINGAPORE] Singapore shares were down at Monday’s (May 26) open while most regional markets traded higher, after US President Donald Trump on Friday threatened tariffs on Apple.
As at 9.01 am, the Straits Times Index (STI) slid 0.1 per cent or 4.02 points to 3,878.4. Across the broader market, gainers outnumbered losers 59 to 39 after 31.4 million securities worth S$34.6 million changed hands.
Oceanus was the most actively traded counter by volume, opening flat at S$0.005 with 9.2 million securities transacted. Other actively traded counters included Thai Beverage, which fell 2.2 per cent or S$0.01 to S$0.455, and ground handler Sats, which rose 1 per cent or S$0.03 to S$3.01.
The trio of local banks were mixed at the open. DBS declined 0.2 per cent or S$0.07 to S$44.39 and OCBC fell 0.9 per cent or S$0.14 to S$16.15. UOB rose 0.4 per cent or S$0.14 to S$35.46.
Across the region, major indices were mixed at Monday’s open. Japan’s Nikkei 225 advanced 0.7 per cent or 251.93 points to 37,412.4, Korea’s Kospi rose 0.8 per cent or 19.65 points to 2,611.74 and Malaysia’s FTSE Bursa Malaysia KLCI climbed 0.1 per cent or 0.93 points to 1,536.31. Australia’s S&P/ASX 200 fell 0.1 per cent or 6.9 points to 8,354.
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