Singapore's Straits Times Index headed down 0.5 per cent or 12.17 points to 2,413.45 as at 9.02am.
Losers outnumbered gainers 104 to 59, after 47.3 million securities worth S$86.4 million changed hands. The most active counter was Rex International, which rose 1 per cent, or 0.1 Singapore cent to 10.2 Singapore cents with 3.5 million shares changing hands. Other heavily traded securities included Singtel, which fell 0.4 per cent or S$0.01 to S$2.46 with 3.2 million shares traded, as well as Keppel DC Reit which dropped 0.5 per cent or S$0.01 to S$1.85 with 2.7 million shares traded.
Banking stocks rose were mixed in early morning trade. DBS was trading up 0.4 per cent or S$0.07 to S$17.97 on a cum-dividend basis, UOB dropped 0.4 per cent or S$0.08 to S$19.12 on a cum-dividend basis, while OCBC Bank fell 0.5 per cent or S$0.04 to S$8.45 on a cum-dividend basis.
Source: News Formal (newsformal.com)
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