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Market Review - STI End of Day Summary 17-Oct
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Publish date: Wed, 17 Oct 2012, 08:10 PM
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Singapore share prices opened higher on Wednesday with the Straits Time Index up 19.26 points to 3,066.07.
Singapore's Index Straits Times open higher but it can't sustain @ higher levels and trading in a consolidation phrase in the 1st half of trading hour but after that it fell below 3050 mark and made a low of 3045.67 and closed on the same level @ day low with loss of 1.14 points down by 0.04%.
Singapore's exports continue to decline in September from a year ago after a steep fall the previous month. According to trade agency International Enterprise Singapore, non-oil domestic exports (NODX) fell 3.4 % in September, following a 10.7 % year-on-year contraction in August. But on a month-on-month basis, exports expanded by 1.6 % in September compared to the previous month's 9.1 % decline.
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