Singapore - Singapore share prices slipped lower Monday after having failed to sustain an early morning rally.

The Straits Times Index (STI) fell by a nominal 0.15 per cent or 2.81 points to 1,860.68.

The Singapore Exchange closed with 269 gainers against 192 losers. Volume totaled 1,419.9 million shares.

Singapore shares responded well to news of China's economic stimulus package at the start of the day, according to stock market analysts.

But selling pressure pushed the prices down despite global efforts in propping up economies, they said. (dpa)