Singapore shares closed mixed in thin trade

17 Dec 2009

Yesterday, Singapore shares ended mixed in thin trade as the market slides down towards the end of 2009, said dealers.

The blue-chip Straits Times Index (STI) closed 15.23 points or 0.54 percent at 2,813.93 on a volume of 1.32 billion shares amounting to $1.29 billion. In the broader market, however, losers led gainers 236 to 199, with 827 issues that did not change.

“A lot of people have already closed their books for the year, so trading interest is likely to stay thin,” said one trader.

Oversea-Chinese Banking Corp generated 13 cents to $8.69 and DBS gained 14 cents to $14.90 while United Overseas Bank remained at $19.76.

Among property shares, City Developments fell 10 cents to $10.76, CapitaLand eased a cent to $4.18 and Keppel Land gained a cent to $3.31.

Singapore Telecommunications ended four cents higher at $3.06 and Singapore Airlines increased 48 cents to $14.24.

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