Singapore shares begin afternoon trading on negative ground; STI at 3,417.05

SINGAPORE shares resumed trading on Friday afternoon in negative territory with the Straits Times Index at 3,417.05, down 0.55 per cent, or 18.73 points, on the day as at 1.01pm.

Against the benchmark's level heading into the mid-day break, however, the index was just marginally up by 0.02 per cent, or 0.62 point.

Losers outnumbered gainers 170 to 125, or about four stocks down for every three up, with 567.7 million shares worth S$377.7 million traded.

Among the active stocks, Imperium Crown entered the afternoon session up 10 per cent, or 0.7 Singapore cent, at 7.7 Singapore cents with 19 million shares traded as at 1.04pm.

Active index stocks included DBS Group Holdings, down 1.3 per cent or 33 Singapore cents, at S$24.65; and United Overseas Bank, down 1.5 per cent or 39 Singapore cents, at S$26.02.