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Singapore stocks: STI resumes Friday afternoon trading at 2,963.18, down 1.6% on day

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SINGAPORE stocks resumed afternoon trading in negative territory on Friday, with the Straits Times Index losing 49.66 points, or 1.6 per cent, to 2,963.18 as at 1pm. 

Losers outnumbered gainers 238 to 93, with about 1.09 billion shares worth S$635.7 million in total changing hands. 

The most actively traded counter was Genting Singapore, which fell 3.37 per cent, or three Singapore cents, to 86 cents with 52.1 million shares changing hands. Other actives included Rex International and Yangzijiang Shipbuilding.  

Among active index stocks, UOB, which released its third-quarter net profit earlier in the day, was down 3.4 per cent to S$24.10. Other banks followed suit - DBS went down 2.45 per cent to S$23.13 and OCBC declined 1.51 per cent to S$10.44.

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