Singapore shares fall 0.3% on Tuesday

SINGAPORE stocks closed lower on Tuesday, with the Straits Times Index losing 0.33 per cent or 10.69 points to 3,261.66.Among the most heavily traded by volume were technology-linked counters. Shares of AEM Holdings closed at S$1.10, up 4.76 per cent or S$0.05 on 32.73 million shares. Hi-P International finished at S$1.34, jumping 8.07 per cent or S$0.10 with 25.74 million shares traded.

Among active index stocks, all three local banks closed in the red. OCBC Bank led the losses, closing down 1.15 per cent or S$0.13 to S$11.20. United Overseas Bank lost 0.35 per cent or S$0.09 to S$25.30 while DBS Group dipped 0.04 per cent or S$0.01 to S$25.17.

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