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Singapore shares fall on Friday, down 0.15% on the week
Published Fri, Aug 23, 2019 · 09:50 PM
SIMILAR to previous sessions, markets in Asia traded cautiously as investors geared up to US Federal Reserve chair Jerome Powell's speech in Jackson Hole.
That being said, equities in Singapore fared worse than most of the region's key markets, weighed down by financials and effects from counters going ex-dividend on Friday.
The Straits Times Index (STI) ended the week at 3,110.35, down 17.39 points or 0.6 per cent. The blue-chip index lost 4.68 points or 0.15 per cent from last Friday's close of 3,115.03.
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