Monday, January 16, 2012

Shares down by midday on euro zone concerns

Singapore shares fell by midday on Monday, largely in line with regional markets, as the mass euro-zone sovereign debt rating cuts by Standard & Poor’s (S&P) ver the weekend and renewed worries about Greece hurt sentiment.

At 1:00 p.m., the Straits Times Index (STI) <.FTSTI> was down 1.3 percent, or 36.20 points, at 2,755.34. Some 400.7 million shares worth $355.9 million were traded, compared with 510.3 million shares worth $471.9 million at the same time on Friday.
 

 

No comments:

Post a Comment