Singapore stocks begin afternoon trading on lower ground; STI at 3,517.43

SINGAPORE shares resumed trading on Monday afternoon in negative territory with the Straits Times Index at 3,517.43, down 0.09 per cent or 3.02 points on the day as at 1.01pm.

Against the benchmark's level of 3,514.89 heading into the midday break, however, the index was up marginally, by 2.54 point. Losers beat out gainers 211 to 150, or about seven down for every five up, with 1.4 billion shares worth S$574.5 million traded.

Among the most active stocks, LionGold Corp was flat a 0.2 Singapore cent with 269.1 million shares traded; Blumont Group gained 20 per cent, or 0.1 Singapore cent, to 0.6 Singapore cent with 186.9 million shares changing hands.

Active index stocks included Jardine Matheson Holdings, down 0.3 per cent or 17 Singapore cents to S$60.83; and Singapore Telecommunications, down 0.3 per cent or one Singapore cent to S$3.61.