Singapore stocks: STI resumes Thursday afternoon at 2,997.21, down 1.2% on day

SINGAPORE stocks resumed afternoon trading in negative territory on Thursday, with the Straits Times Index falling 34.87 points, or 1.2 per cent to 2,997.21 as at 1pm.

Losers outnumbered gainers 274 to 84, after about 1.03 billion shares worth S$528.2 million changed hands.

The most actively traded counter was Genting Singapore, which fell almost 3.3 per cent, or three Singapore cents, 88 cents. Other actives included Ezion and Yangzijiang Shipbuilding.

Other active index stocks included the local banks, which all reopened in the red. DBS fell close to 2 per cent to S$23.62, OCBC lost 0.94 per cent to S$10.54, and UOB went down 1.44 per cent to S$24.66.