Singapore stocks open lower on Friday; STI down 1.2%

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SINGAPORE shares opened lower on Friday, tracking Wall Street losses. Read more at The Business Times.

and is looking to expand further in Thailand and the Philippines, where high net worth families are keen to diversify their exposure and invest in Reits.Other active index counters include Wilmar International, which lost 1.6 per cent or S$0.07 to S$4.38. Singapore Airlines shed 1.4 per cent or S$0.05 to S$3.63, while Keppel Corp fell 1.8 per cent or S$0.08 to S$4.40.

as investors dumped the high-flying technology sector, while economic data highlighted concerns about a long and difficult recovery.with technology stocks leading losses in tandem with their US peers, while a swathe of middling local economic data fuelled bets on continued easy monetary policy.as investors sought to lock in profits from recent rallies after US shares retreated.For daily updates on weekdays and specially selected content for the weekend.

 

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