Share prices closed the morning lower tracking the overnight falls on Wall Street amid caution in the lead up to the first anniversary of the Sept 11 terrorist attacks next week, dealers said.

Share prices closed the morning lower in listless trade, with investors waiting for the outcome of the US FOMC meeting tomorrow and the interim results announcement from China Mobile on Wednesday, dealers said.

Share prices closed the morning lower due to the general perception that the outlook for Wall Street will remain unstable, in spite of its strong gains overnight, dealers said.