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Title : Singapore shares close 0.90% lower
By :
Date : 03 November 2009 1855 hrs (SST)
URL : http://www.channelnewsasia.com/stories/afp_singapore_business/view/1015634/1/.html

SINGAPORE - Singapore shares closed 0.90 percent lower Tuesday as investors looked for fresh leads to spark buying interest, dealers said.

The blue-chip Straits Times Index fell 23.88 points to 2,621.55 on a volume of 1.28 billion shares worth S$1.22 billion. There were 122 gainers, 388 losers while 749 were even.

"The market seems a bit tired these couple of sessions. We need more direction," said a trader at a bank-backed brokerage.

"I wouldn't say I'm cautiously bullish. I'm more bearish at this point."

Among the blue-chips, Singapore Airlines rose two cents to S$13.52, but Singapore Telecommunications was off four cents at S$2.92.

DBS Group Holdings fell eight cents to S$12.96, United Overseas Bank gained 14 cents to S$17.42 and Oversea-Chinese Banking Corp eased four cents to S$7.59.

- AFP/ir




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