Singapore stocks: STI resumes Tuesday afternoon down 0.05% on day

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SINGAPORE shares resumed trading in negative territory on Tuesday afternoon, with the Straits Times Index slipping 0.05 per cent, or 1.64 points to 3,204.45 as at 1.01pm.

Gainers outnumbered losers 161 to 134, after about 585.9 million shares worth S$395.7 million changed hands. Among the most heavily traded by volume, Golden Agri-Resources was flat at 21.5 Singapore cents, with 46.6 million shares traded, while Rex International lost 1.1 per cent, or 0.2 Singapore cent to 18.6 cents, with 20.1 million shares traded.

Banking stocks also faltered by the afternoon trade. DBS declined 0.5 per cent, or 12 Singapore cents to S$25.58, United Overseas Bank lost 0.6 per cent, or 15 Singapore cents to S$26.27, and OCBC Bank inched 0.1 per cent, or one Singapore cent lower to S$10.90.Other active index stocks included Singapore Press Holdings which gained 1.9 per cent, or four Singapore cents to S$2.14, and Mapletree Commercial Trust which rose 1.3 per cent, or three Singapore cents to S$2.30.

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