Singapore shares close 0.2% lower

SHARES in the Singapore bourse extended its losses, albeit modestly, for the second straight day and closed lower by 7.8 points or 0.2 per cent at 3,512.68 on Thursday on high trading volume.

Some 3.3 billion shares worth S$1.1 billion exchanged hands versus Wednesday's 1.9 billion shares worth S$1.1 billion.

Losers outpaced gainers with 185 counters up and 248 counters down.