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Singapore shares close 0.8% down on Thursday

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SINGAPORE stocks finished 0.8 per cent lower on Thursday, with the Straits Times Index falling 22.69 points to 2,751.56.

The bluechip index dived after Federal Reserve chair Janet Yellen warned of risks from Brexit and after the Bank of Japan refrained from monetary easing, which spurred concerns about the global economic outlook.

About 890.1 million shares worth S$964.4 million in total changed hands, which worked out to an average unit price of S$1.08 per share.

The most actively traded counter was Ezra Holdings, which fell S$0.004 to S$0.074 with 65.6 million shares changing hands. Other actives included Golden Agri-Resources and Addvalue Technologies.

Losers outnumbered gainers 287 to 130, or about nine down for every four up.

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