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SINGAPORE - Singapore share prices closed 0.73 percent lower Monday following falls in Hong Kong and mainland China that weakened sentiment, dealers said.
The blue chip Straits Times Index declined 20.52 points to 2,776.98 on volume of 948 million shares worth S$1.09 billion (US$772 million). There were 371 falling issues, 157 risers and 866 unchanged counters.
Chinese share prices slumped 5.34 percent on Monday, reflecting worries about an economic slowdown and surging stock supply, dealers said.
The fall sent Hong Kong shares 1.09 percent lower and hit sentiment further afield as well, dealers said.
Property firm CapitaLand was a key loser, down 23 cents at S$4.71. City Developments also fell, ending four cents lower at S$10.14, but Keppel Land closed five cents higher at S$4.18.
In the banking sector, DBS closed 20 cents lower at S$18.40 and UOB was down 50 cents at S$19.30. OCBC rose two cents to S$8.25.
Shipping firm Neptune Orient Lines finished seven cents lower at S$2.56.
- AFP /ls
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