SINGAPORE - Local shares dipped slightly on Thursday amid a gloomy day of trading for the region, with sentiment clouded by growing worries about the European economy and international conflicts.

The benchmark Straits Times Index slipped 6.01 points, or 0.18 per cent, to 3,314.22.

Some 1.8 billion shares worth $1.01 billion changed hands.

There were 175 gainers, outnumbered by 246 losers.

Telephony services provider Polaris was the top active, losing 0.2 cents to 2.7 cents. The firm had said on Wednesday that it will raise its stake in Indonesian mobile device retailer Trikomsel Oke Tbk.

Many other regional bourses also ended lower. Sydney shed 0.05 per cent, Seoul slipped 0.3 per cent, Hong Kong declined 0.78 per cent and Shanghai dropped 1.34 per cent.