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Singapore market cap shrinks 3.1% in November

Fall in value due to weak earnings and wariness about possible US interest rate hike

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Published Mon, Nov 30, 2015 · 09:50 PM

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    November 2015 report card

    Singapore

    THE value of Singapore-listed companies slipped 3.1 per cent in November amid a wave of weak earnings and wariness about a possible hike in US interest rates.

    The total market capitalisation of Singapore-listed companies eased to S$854.6 billion in November compared to a month earlier, snuffing out October's short-lived 6.3 per cent month-on-month rally, according to data compiled by The Business Times. Year to date, market cap is down 10.7 per cent from end-2014.

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