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Singapore shares lower at close of trade; Singapore Straits Time down 1.52%

Published 31/07/2015, 11:15
Updated 31/07/2015, 11:15
© Reuters.  Singapore shares lower at close of trade; Singapore Straits Time down 1.52%

© Reuters. Singapore shares lower at close of trade; Singapore Straits Time down 1.52%

Investing.com – Singapore equities were lower at the close on Friday, as losses in the Basic Materials, Oil & Gas and Technology sectors propelled shares lower.

At the close in Singapore, the Singapore Straits Time fell 1.52% to hit a new 6-month low.

The biggest gainers of the session on the Singapore Straits Time were Thai Beverage Public Co Ltd (SIN:TBEV), which rose 2.72% or 0.020 points to trade at 0.755 at the close. Olam International Limited (SIN:OLAM) added 1.38% or 0.025 points to end at 1.840 and Hongkong Land Holdings Limited (SIN:HKLD) was up 0.79% or 0.06 points to 7.70 in late trade.

Biggest losers included Noble Group Limited (SIN:NOBG), which lost 12.50% or 0.065 points to trade at 0.455 in late trade. Keppel Corporation Limited (SIN:KPLM) declined 3.85% or 0.30 points to end at 7.50 and Sembcorp Industries Ltd (SIN:SCIL) shed 3.51% or 0.13 points to 3.57.

Declining stocks outnumbered rising ones by 345 to 115 and 28 ended unchanged on the Singapore Stock Exchange.

In commodities trading, Crude oil for September delivery was down 2.03% or 0.98 to $47.53 a barrel. Meanwhile, Brent oil for delivery in September fell 1.22% or 0.65 to hit $52.66 a barrel, while the December Gold contract fell 0.71% or 7.70 to trade at $1081.00 a troy ounce.

USD/SGD was down 0.04% to 1.3748, while EUR/SGD rose 0.41% to 1.5095.

The US Dollar Index was down 0.25% at 97.36.

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