Singapore shares lower at Wed break; STI down 0.85% to 3,370.23

Singapore shares entered the mid-day break in negative territory, with the Straits Times Index down 0.85 per cent, or 28.86 points, to an indicated 3,370.23 as at 12:01pm.

Losers outnumbered gainers 249 to 123, or about two stocks down for every one up, after 907.7 million shares worth S$553.9 million had changed hands.

Among the most active stocks, RHT Health Trust gained 11.1 per cent, or 9 Singapore cents, to 90 Singapore cents after controlling shareholder proposed to acquire the trust's entire asset portfolio for 46.5 billion Indian rupees.

Active index stocks included DBS Group Holdings, down 0.9 per cent or 21 Singapore cents to S$23.55; and SingTel, down 0.3 per cent or 1 Singapore cent to S$3.69.