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Singapore shares fall 2% as China share markets halt trading on slump


SINGAPORE stocks fell 2 per cent on Thursday morning as a sharp fall in Chinese shares triggered the automatic circuit-breaker mechanism and led to a trading halt.

The Shanghai and Shenzhen markets will remain closed for the rest of Thursday.

The Straits Times Index shed 56.58 points to 2,747.69. The three Singapore banks - UOB, DBS and OCBC - as well as Singapore Exchange, CapitaLand and Noble Group featured among the top losers.