STI closes 0.32% lower at 2,809.35

SINGAPORE (Sept 14): Singapore stocks closed weaker on Wednesday, dragged downwards in the afternoon by regional losses as global markets beat a retreat. Locally, property firms and offshore marine companies were among the worst hit.

As at 5.04pm, the benchmark Straits Times Index (STI) was down 0.32% or 9.03 points to 2,809.35. About 1.17 billion shares valued at $1.05 billion were traded. Losers outnumbered gainers 187 to 160.

Noble Group was the most active with 179.2 million shares changing hands. Ezra was next with 102.2 million shares while Annica saw 60 million shares traded.

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