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Singapore stocks finish weaker, weighed down by US-N Korean tensions


TRADING on Tuesday remained as quiet as it was on Monday, with prices drifting with a downward bias in low volume.

The war of words between the US and North Korea was cited as one reason for the insipid session during which traders kept their eye on the Dow futures and Hong Kong for direction.

While both also drifted with no real purpose, support came from news that Singapore's industrial production rose by a stunning 19.1 per cent in August versus last year and the net result was the Straits Times Index finished 3.87 points weaker at 3,212.04.

Turnover at 1.5 billion units worth S$890 million was weak by 2017 standards and excluding warrants there were 193 rises versus 223 falls throughout.

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