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Singapore shares end lower on Monday

SHARE prices on the Singapore bourse closed lower on Monday, with the key Straits Times Index down 55.77 points, or 1.79 per cent, to 3,060.62.

About 1.3 billion securities worth S$939 million in total changed hands, which worked out to an average unit price of S$0.72. Losers outnumbered gainers 287 to 127, or about nine securities down for every four up.

The most actively traded stock was Capital World Ltd, which gained 1.4 Singapore cents, or 32.6 per cent, to end at S$0.057 after 32.8 million shares changed hands. Other actives included Genting Singapore and Jiutian Chemical Group.

Sunpower Group and Geo Energy Resources requested for trading halts before the market opened on Monday. No announcements had been made as at market close.

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