Singapore stock market opens 1% down on Wall Street chaos

The benchmark Straits Times Index (STI) fell 1.19 per cent, or 33.84 points, to 2,809.55 in early Tuesday (Aug 25) trade.

SINGAPORE: The Singapore stock market opened on Tuesday (Aug 25) to more selling, as rattled investors offloaded shares following a bruising day in the US stock market.

The benchmark Straits Times Index (STI) fell 1.19 per cent, or 33.84 points, to 2,809.55 in early Tuesday trade. On Monday, the STI suffered its worst one-day drop in seven years, tumbling 4.3 per cent to close at 2.843.39.