Singapore stocks flat amid muted start to the week

Singapore shares ended virtually unchanged in its first session of the week, rising just 2.74 points, or 0.09 per cent, to 3,203.94.

But it still performed better than several other Asian bourses, which fell after Asian stocks fell after Federal Reserve Bank of Dallas President Richard Fisher said the United States central bank should end its record stimulus as soon as possible.

Some 2.32 billion shares changed hands here on Monday, worth just $700.3 million.

Losers outnumbered gainers 220 to 163.

Penny stocks recovered some ground after recent falls, with Sky One topping the list of actives, gaining 3.3 cents to 17.6 cents.

The three 'designated' stocks also ended higher, with Blumont up 1.7 cents to 14.4 cents, Asiasons adding a cent to 19.8 cents and LionGold inching up half a cent to 23 cents.

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