Singapore stocks finished lower on Thursday, with the benchmark Straits Times Index (STI) dropping 31.94 points, or 0.96 percent, to close at 3,293.13.

A total of 3.65 billion shares changed hands with a turnover of 1.48 billion Singapore dollars (about 1.08 billion U.S. dollars). Losers outnumbered gainers by 244 to 224.