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STI down 0.12% as market moves sideways

About 1.6 billion shares worth S$863.2 million were traded, with nearly two losers for every gainer

Published Mon, Apr 16, 2018 · 09:50 PM

THE Singapore stock market was off to a "soft start" on Monday, trading sideways as Asian equities elsewhere fell.

Investors seemed to be taking risk off the table over geopolitical uncertainties after the US-led missile strikes in Syria, Eli Lee, head of investment strategy at Bank of Singapore, said.

Share prices in the Singapore bourse closed lower on Monday, with the key Straits Times Index down 4.11 points or 0.12 per cent to finish at 3,497.19.

Some 1.6 billion shares worth S$863.2 million were traded. There wer…

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