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SINGAPORE : Stocks in Singapore ended mixed on Friday after a quiet session as investors turned cautious over the weakening US economic outlook.
Traders said there were few incentives to encourage buyers and sentiment was cautious after the recent spate of US data.
The ST index rose 12.87 points to 2,938.74 on a volume of 1,363.8 million shares.
There were however 220 losers against 203 advances by the close of the session.
On Thursday, the Dow closed below 10,000 a day ahead of an expected downward revision in U.S. second-quarter economic growth.
Investors were also awaiting a major speech by US Federal Reserve Chairman Ben Bernanke who will be offering a fresh assessment on Friday of the weakening US economy.
Among gainers, commodities firm Olam International rose as much as 17 cents to S$2.68 after fourth quarter net profit nearly doubled, thanks to strong volume growth and higher net contributions.
Property developer City Developments rose 6 cents to $11.96. - CNA/ch
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