SINGAPORE shares opened lower on Friday, as the wave of selling in Asian markets spread to Europe and the United States.The Straits Times Index fell another 28.45 points to 2,701.46.
A depreciation in the yuan led to Chinese stock markets plunging on Thursday, leading to the second suspension of the Shanghai stock exchange in a week.
The most actively traded stocks in Singapore on Friday included Noble Group, which had its credit rating cut to junk status by Standard & Poor's on Thursday evening, as well as oil-related plays Keppel Corp, Rex International, Ezra Holdings and Sembcorp Industries.
Some 66.6 million shares worth S$87.2 million changed hands, with losers outnumbering gainers 98 to 30.
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