Singapore shares open lower on Thursday, after US stocks fall overnight

SINGAPORE share prices opened lower on Thursday, after US stocks dropped in a fifth straight day on Wednesday as the Federal Reserve kept interest rates unchanged amid concerns around Britain's upcoming vote on whether to exit the European Union.

The Straits Times Index was down by 6.39 points or 0.23 per cent to 2,767.86 points as at 9.00am. Some 27 million shares worth S$26.2 million changed hands, with gainers outnumbered by losers 44 to 48.

Among the most active stocks were HLH, which fell by 14 per cent to 0.6 Singapore cent at market open; Noble, which fell by 2 per cent to 22.5 Singapore cents at open; and Ezra, which slipped 1.3 per cent to 7.7 Singapore cents, as at 9.01am.