Singapore stocks: STI resumes Monday afternoon at 3,309.89, down 0.4% on day

SINGAPORE stocks resumed trading in negative territory on Monday, with the Straits Times Index slipping 11.51 points, or 0.4 per cent to 3,309.89 as at 1.03pm.

Decliners outnumbered gainers 163 to 150, after some 919.9 million securities worth S$489.1 million exchanged hands. Among the most heavily traded by volume, AA Group Holdings, which produces and supplies loudspeaker parts, was flat at 1.4 Singapore cents with 107.7 million shares traded; while Rex International gained 4.2 per cent, or 0.3 Singapore cent to 7.5 cents, with 24.5 million shares traded.

Banking stocks were in the red by the afternoon trade - UOB fell 1.3 per cent, or S$0.35 to S$25.97; DBS lost 0.4 per cent, or S$0.09 to S$25.83; and OCBC retreated 0.2 per cent, or S$0.02 to S$11.33. Other active index stocks included Genting Singapore which lost 1.1 per cent, or one Singapore cent to S$0.92, and City Developments which fell 0.8 per cent, or eight cents to S$9.45.

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