Singapore shares open 2.24 points lower on Tuesday

SINGAPORE share prices opened lower on Tuesday with the Straits Times Index down 2.24 points, or 0.08 per cent, to 2,798.63 as at 9.02am. Brexit fears are likely to weigh on markets, though both the European and US markets closed higher in their previous trading sessions.

Top losers in early-morning trade included Jardine Cycle & Carriage, UOB and Singapore Airlines. Some 86.2 million shares worth S$83.1 million changed hands. Gainers outnumbered losers 60 to 43.