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Singapore shares slip 0.1% at open; Jardine group eases


SINGAPORE shares opened 0.1 per cent lower as at 9.02 am on Tuesday, with the Straits Times Index down 4.08 points to 3,316.25 following overnight declines in the US market.

The Jardine group of companies were lower right out of the gate, dragging the index lower. Jardine Matheson Holdings slipped 0.5 per cent or 31 US cents to trade at US$59.69, while Jardine Strategic Holdings was 0.4 per cent or 12 US cents lower at US$32.13.

About 62 million shares worth S$62 million in total changed hands, which worked out to an average unit price of S$1.00 per share.

The most actively traded stock was Ntegrator International, which was flat at 2.8 Singapore cents with 15.9 million shares changing hands. Other actives included OLS Enterprise and PNE Micron Holdings.

Losers outnumbered gainers 67 to 59, or about 8 down for every 7 up.

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