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Singapore shares close 0.1 per cent down on Wednesday

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SINGAPORE stocks dipped 0.1 per cent on Wednesday after crude oil prices slumped again.

The Straits Times Index retreated 1.86 points to 2,949.95. About 1.11 billion shares worth S$1.06 billion in total changed hands, which worked out to an average unit price of S$0.95 per share.

The most actively traded counter was Magnus Energy, which rose S$0.001 to S$0.004 with 103.3 million shares changing hands. Other actives included Spackman Entertainment and Noble Group.

Losers outnumbered gainers 245 to 169, or about three down for every two up.

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