08 Aug '11, 2am

STI falls more than 4% by midday, diving 141.6 points to 2,853.18

STI falls more than 4% by midday, diving 141.6 points to 2,853.18

Singapore shares opened lower on Monday, with the benchmark Straits Times Index at 2932.55 in early trade, down 2.08% per cent, or 62.23 points. -- ST PHOTO: WANG HUI FEN SINGAPORE shares opened lower on Monday, with the benchmark Straits Times Index at 2932.55 in early trade, down 2.08% per cent, or 62.23 points. Around 61.8 million shares exchanged hands. Losers beat gainers 202 to 10. In the region, Asian stocks fell in early trade on Monday before clawing back some of their losses following frantic weekend efforts to calm financial markets after a downgrade to the United States' credit rating. Please enable JavaScript to view the comments powered by Disqus. blog comments powered by Disqus

Full article: http://www.straitstimes.com/BreakingNews/Money/Story/STIS...

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