SINGAPORE shares eased by one per cent as at 9.01 am on Friday, with
the Straits Times Index down 29.17 points to 2,877.26 on early
profit-taking.
About 64.5 million shares worth S$103.8 million in total changed
hands, which worked out to an average unit price of S$1.61 per share. The banks put a drag on the index. DBS Group Holdings slipped one per
cent, or 18 Singapore cents, to change hands at S$17.57, while United
Overseas Bank declined by 0.7 per cent or 14 Singapore cents to trade at
S$19.39.
The most actively traded stock was Fu Yu Corp, which rose 0.4
Singapore cent to 15.6 Singapore cents with 7.1 million shares changing
hands. Losers outnumbered gainers 76 to 51, or about three down for every two up.
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