Singapore shares open 3.08 points lower on Thursday

SINGAPORE share prices opened lower on Thursday, following the lead by Europe and Japan, with the Straits Times Index down 3.08 points or 0.11 per cent to 2,861.59 as at 9.03am.

Fears over the Brexit fallout continued to reverberate through the financial markets, as the pound sank to a new low and more UK property funds halted withdrawals.

Top losers in early-morning trade included DBS Bank and UOB.

Some 102.6 million shares worth S$149.4 million changed hands. Gainers barely beat losers 69 to 68.