Singapore shares close down 0.28% on Wednesday

THE Straits Times Index (STI) sagged again on Wednesday - this time slipping by 9.6 points, or 0.28 per cent, to 3,394.87.

The bourse, as a whole, also moved sluggishly on a lacklustre turnover of 1.43 billion shares worth S$1.04 billion in all.

Losers outnumbered gainers 237 to 161.

Investment company Rowsley continued to dominate the roster of most-heavily traded stocks, with a churn of almost 200.18 million shares. The counter ticked up by 0.2 Singapore cent, or 1.54 per cent, finishing at S$0.132.

Meanwhile, the benchmark STI had to contend again with telco Singtel, which shed S$0.03, or 0.83 per cent, to S$3.58, on a volume of 47 million shares.

Another constituent that fared unfavourably was Thai Beverage Public Co Ltd, which dipped by S$0.01, or 1.05 per cent, to S$0.94, with 10.68 million shares changing hands.