Singapore stocks: STI resumes Thursday afternoon at 3,238.22, down 0.9%

SINGAPORE stocks continued to slide as trading resumed on Thursday afternoon, with the Straits Times Index slipping 0.89 per cent or 29.18 points on the day to 3,238.22 as at 1.02pm.

Losers outnumbered gainers 244 to 114, or about two securities down for every one up, after 904.7 million securities worth S$656.3 million changed hands.

Among the most heavily traded by volume, Rex International Holding gained 2.7 per cent or S$0.003 to S$0.114 with 49.7 million shares traded. Thomson Medical Group increased 1.2 per cent or S$0.001 to S$0.085 with 45.1 million shares traded.

Active index stocks included DBS Group Holdings, down 0.5 per cent or S$0.13 to S$25.82; and United Overseas Bank, down 0.5 per cent or S$0.13 to S$26.76.