Singapore shares open 1% down on Wednesday after US fall

SINGAPORE stocks opened one per cent lower on Wednesday, with the Straits Times Index dropping 30.31 points to 3,128.26 as at 9am.

The blue-chip index was dented by US stocks falling overnight on doubts that the new administration can execute US President Donald Trump's pro-growth plans.

About 80.5 million shares worth S$74.7 million in total changed hands, which worked out to an average unit price of S$0.93 per share.

The most actively traded counter was Noble, which fell S$0.004 to S$0.187 with 7.7 million shares changing hands. Other actives included QT Vascular and Artivision Tech.

Losers outnumbered gainers 159 to 25, or about six down for every one up.