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Singapore shares decline at Wednesday's open; STI down 0.32% to 3,182.45

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SINGAPORE stocks opened weaker on Wednesday, with the Straits Times Index declining 0.32 per cent or 10.26 points to 3,182.45 as at 9.05am amid fears that the US-China trade talks would not yield meaningful progress.

SINGAPORE stocks opened weaker on Wednesday, with the Straits Times Index declining 0.32 per cent or 10.26 points to 3,182.45 as at 9.05am amid fears that the US-China trade talks would not yield meaningful progress.

Losers outnumbered gainers 70 to 43, or about five securities down for every three up, after 36.3 million securities worth S$67.8 million changed hands.

Among the most heavily traded by volume, Genting Singapore held firm to S$1.09 with 6.3 million shares traded. Thai Beverage Public Co gained 0.7 per cent or S$0.005 to S$0.74 with 2.4 million shares traded.

Active index stocks included DBS Group Holdings, down 0.5 per cent or S$0.13 to S$24.42; Jardine Strategic Holdings, down 0.8 per cent or US$0.28 to US$36.82; and City Developments, down 0.7 per cent or S$0.06 to S$8.84.

sentifi.com

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