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Singapore's STI opens 0.33% lower on Monday


SINGAPORE share prices opened weaker on Monday, with the Straits Times Index down 11.15 points or 0.33 per cent to 3,322.52 as at 9.01 am, following rising expectations for the Federal Reserve to raise interest rates this year after the recent better-than-expected US jobs data.

Top gainers in early morning trade included City Developments, The Hour Glass, and M1.

A total of 84.4 million shares worth S$114.6 million had changed hands as at 9.01am. Losers outnumbered gainers 82 to 49.

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