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Singapore stocks open lower on Monday, tracking Wall Street tumble; STI down 0.5%

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SINGAPORE shares fell when trading began at the start of the week, with the Straits Times Index (STI) retreating 15.10 points or 0.5 per cent to 2,887.42 as at 9am on Monday. Read more at The Business Times.

On the Singapore bourse, the most heavily traded among the index securities was Yangzijiang Shipbuilding, which fell 0.5 Singapore cent or 0.5 per cent to 98 cents, with 1.8 million shares traded.The trio of local lenders were mixed in early trade. DBS lost S$0.33 or 1.3 per cent to S$24.85, UOB fell S$0.20 or 0.9 per cent to S$23.18, while OCBC edged up S$0.01 or 0.1 per cent to S$10.33.

Shares of Singapore Exchange dropped S$0.11 or 1.1 per cent to S$9.79. Marketnode, the joint venture between SGX and Temasek announced last week, hasMeanwhile, Parkway Life Reit units declined S$0.06 or 1.5 per cent to S$4.09. The real estate investment trust on Friday said it is

 

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