Singapore stocks resume Tuesday afternoon trading on lower ground; STI at 3,354.4

SINGAPORE shares resumed trading on Tuesday afternoon in negative territory with the Straits Times Index at 3,354.4, down 3.7 per cent or 128.53 points on the day as at 1pm.

Against the benchmark's level of 3,358.18 heading into the midday break, the index was down by 3.78 points, or 0.11 per cent.

About 2.11 billion shares worth S$1.54 billion in total changed hands.

Losers outnumbered gainers 528 to 58.

The most actively traded counters were Midas, which fell 3.6 per cent or 0.7 Singapore cent to S$0.187 with 71.7 million shares changing hands; and Allied Technology which was down 5.5 per cent, or 0.4 Singapore cent to S$0.069 with 60.7 million shares changing hands.

Other active index stocks included Keppel Corp which was down 5.5 per cent, or 47 Singapore cents to S$8.09; and Genting Singapore which was down 5.3 per cent, or seven Singapore cents to S$1.25.