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Lack of leads and corporate earnings concerns drag the STI lower

Published on Oct 29, 2012 7:38 PM

Share prices on the Singapore bourse fell with the benchmark Straits Times Index ending the day lower by 27.90 points or 0.91 per cent to 3,029.61.

The decline, in line with most Asian markets, was led by lingering concerns over weak corporate earnings in the absence of positive news. Traders are also closely watching the unfolding of the events in the United States due to Hurricane Sandy.

Losers led gainers 292 to 114 while 396 counters were unchanged. Turnover stood at 2.32 billion shares worth $1.25 billion.