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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

Equities around the world, as a general asset class, "will probably trade higher over the coming months", said DBS's Mr Lim.


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...