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Singapore shares end flat ahead of key US jobs data
Posted: 02 September 2010 1847 hrs

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SINGAPORE - Singapore share prices ended flat on Thursday as investors remain cautious ahead of key US jobs data due later this week.

The benchmark Straits Times Index (STI) rose 3.83 points to end at 2,986.66, after weaker US equity futures erased some gains earlier in the day.

Overall volume traded was 1.72 billion shares worth S$1.64 billion. In the broader market, gainers outnumbered losers 271 to 185.

Strong US manufacturing data supported cyclical stocks with high exposure to China, with CapitaMalls Asia gaining 2.8% to S$2.17. Similarly, Noble Group rose 2.5% to S$1.65 and Neptune Orient Lines gained 0.5% to S$1.95.

Among the losers, gaming group Genting Singapore fell 2.2% to S$1.76 as investors booked gains on the stock's recent rise.

- CNA/ir

 


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