Singapore shares tumbled on Friday after Wall Street's overnight stumble.

The benchmark Straits Times Index (STI) slipped 24.85 points, or 0.78 per cent, to 3,177.25.

Some 1.6 billion shares worth $869.3 million changed hands.

The STI joined other key Asian indexes in a sea of red.

Japan dropped 1 per cent, Hong Kong dipped 0.60 per cent, while Shanghai shed 1.09 per cent.

Here, just one out of the 30 STI component counters finished positively, with a whopping 27 losers and two unchanged.

The only gainer was SIA Engineering, which edged up three cents to $5.09.

Among the losers was Wilmar International, down seven cents to $3.38, and City Developments, eight cents lower at $10.07.