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Singapore shares fall for 5th straight day

tioliaohuat

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SINGAPORE - Singapore share prices ended lower on Friday for a fifth straight day of decline on worries over the sovereign debt troubles in Europe.

The Straits Times Index (STI) had started the day down 2.1 percent, but bargain hunting in the closing hours of trade pared initial steep losses.

The STI ended 0.7 percent or 18.54 points lower at 2,821.11. In the broader market, losers beat gainers 473 to 97. Overall volume was 2.14 billion shares worth S$2.31 billion.

The benchmark index ended the week down 153.5 points, or 5.16 percent, this week.

- CNA/ir
 
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