STI closes 0.67% lower at 2,857.65

SINGAPORE (Aug 26): Singapore stocks ended weaker on Friday, retreating from its highest level in around four weeks as Asian indexes get stuck in limbo pending policy guidance from US Federal Reserve Chairwoman Janet Yellen.

As at 5.04pm, the key Straits Times Index (STI) was 19.28 points or 0.67% lower at 2,857.65. About 591.7 million shares with a value of $654.5 million changed hands. Losers outnumbered gainers 224 to 134.

Noble Group was the most active, with 64.4 million shares traded. Magnus Energy was next with 29.4 million shares traded while Global Logistic Properties saw 22.6 million changing hands.

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