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Singapore shares close 0.2% lower on Wednesday

Wednesday, November 2, 2016 - 17:26

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SINGAPORE stocks ended 0.2 per cent lower on Wednesday, with the Straits Times Index losing 6.55 points to 2,807.14.

The blue-chip index retreated after polls in the United States suggested the US presidential election next week may be a closer race than investors might like.

About 1.31 billion shares worth S$1 billion changed hands, which worked out to an average unit price of S$0.76 per share.

The most actively traded counter was warehouse owner Global Logistic Properties, which rose S$0.155 to S$1.945 with 139 million shares changing hands. Other actives included QT Vascular and Noble Group.

Losers outnumbered gainers 240 to 119, or about two down for every one up.

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