Singapore shares open 0.5% down on Wednesday ahead of US rate decision, Dutch election

AHEAD of a Dutch election and an expected rate hike by the US Federal Reserve, Singapore stocks opened 0.5 per cent lower on Wednesday, with the Straits Times Index falling 16.31 points to 3,127.09 as at 9.05 am.

About 108.9 million shares worth S$105.5 million in total changed hands, which worked out to an average unit price of S$0.97 per share.

The most actively traded counter was Oceanus, which rose S$0.002 to S$0.013 with 19.3 million shares changing hands. Other actives included Amplefield Ltd and Cacola.

Gainers outnumbered losers 76 to 69.