Singapore shares close 0.3% lower on Monday
SINGAPORE share prices finished 0.26 per cent lower on Monday, with the Straits Times Index (STI) falling 7.29 points to 2,845.55 on lower trading volumes.
The blue-chip index was dragged down as Brent crude oil futures plummeted to as low as US$36.17 per barrel, their weakest level since 2004.
About 911.1 million shares worth S$626.1 million changed hands, which worked out to an average unit price of S$0.69 per share.
The most actively traded stock was engineering company Terratech, which leapt 49 per cent or 1.9 Singapore cents to S$0.058 with 70.8 million shares changing hands. Other actives included Ezra Holdings, Rex International and QT Vascular.
Though the STI slipped, smaller counters seem to have fared a bit better. In the broad market, gainers outnumbered losers 205 to 171, or about six up for every five down.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
US dollar rally stalls after rare FX warning from finance chiefs
Genting Singapore propels convincing Singapore market rebound; STI up 1.1%
Asia: Markets rise as traders consider US rate outlook
China reiterates need for steady yuan amid fragile confidence
Singapore shares climb at Thursday’s open; STI up 0.3%
Stocks to watch: CDL, DFI Retail Group, Cordlife, First Resources