Singapore shares open lower on Monday amid global rout

EXTENDING a global rout from last week on concerns over tumbling oil prices and bearish signs of the Singapore economy, the Singapore Straits Times Index (STI) opened 35.88 points or 1.4 per cent lower on Monday at 2,594.88.

Singapore's non-oil domestic exports (NODX) declined by 7.2 per cent year-on-year in December 2015, according to IE Singapore on Monday.

At 9.01am, some 71.5 million shares worth S$79.4 million changed hands. Losers outpaced gainers 134 to 29.

Among top active stocks, Noble Group fell 6.78 per cent to 27.5 Singapore cents, Ezra Holdings was down 5.56 per cent to 6.8 cents while MMP Resources dived 22.22 per cent to 0.7 cent.