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Singapore shares open 17 points lower on Monday


SHARES in the Singapore bourse opened lower with the key Straits Times Index down 17.08 points at 3,099.95 at 9.02am.

Some 103 million shares worth S$81 million were done with 80 counters up and 74 down.

The pull-back is despite a strong showing by US stocks last Friday when the Dow posted its longest record-setting streak while the S&P 500 and the Nasdaq gained for a fifth consecutive week.

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