SINGAPORE shares fell when trading began at the start of the week, with the benchmark Straits Times Index (STI) losing 39.27 points or 1.5 per cent to 2,645.36 as at 9.01am. Read more at The Business Times.
SINGAPORE shares fell when trading began at the start of the week, with the benchmark Straits Times Index losing 39.27 points or 1.5 per cent to 2,645.36 as at 9.01am.
Decliners outnumbered advancers 101 to 65, after 48.5 million securities worth S$80.4 million changed hands. Among the index securities, the most heavily traded by volume was Singtel, which lost S$0.02 or 0.8 per cent to S$2.53 on a cum-dividend basis with some 2.2 million shares traded, while ComfortDelGro fell S$0.03 or 1.9 per cent to S$1.58, with 1.7 million shares changing hands.
CapitaLand Mall Trust was also trading lower, losing S$0.02 or 1 per cent to S$2.03, with 1.4 million units changing hands. CMT's manager on Monday said it expects to provide additional rental relief of up to one month of rent, or other forms of rental assistance for June, to small and medium enterprise tenants that do not qualify for help under a new rental relief law.
Amid a sea of red, the trio of local banks all fell in early trade. DBS declined S$0.29 or 1.3 per cent to S$21.64, UOB lost S$1.08 or 4.9 per cent to S$21.20 on an ex-dividend basis, and OCBC Bank was down S$0.14 or 1.5 per cent to S$9.10.
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