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Singapore stocks traded lower on Friday morning—STI fell 0.5% Singapore News

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Singapore stocks traded lower on Friday morning following weak performances in the United States and Europe as investors reacted to the Federal Reserve’s hawkish signals.

The Straits Times Index fell 0.5%, or 18.92 points, to 3,743.96, at 9:01 am, as reported by The Business Times.

Genting Singapore led in trading volume with 3.3 million shares exchanged. Its share price fell 0.7%, or S$0.005, to S$0.745. Seatrium, another actively traded stock, remained unchanged at S$1.95.

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