Singapore share prices closed little changed on Wednesday with few fresh leads to ignite investor interest, dealers said. The blue chip Straits Times Index was off 2.10 points to 2,705.09. Volume totalled 759 million shares worth 905 million Singapore dollars and there were 197 rising issues, 262 losers while 922 issues held steady.
"At about 2,700 (points) now, a waiting game is being played out," said AmFraser senior vice president of research, Najeeb Jarhom. He said "investors are not ready to move out of the sidelines yet and start investing seriously." Singapore Airlines was on the losers' list, closing two cents lower at 15.02 Singapore dollars but Singapore Telecommunications added one cent to 3.48 and Neptune Orient Lines was steady at 2.19.
In the property sector, CapitaLand was flat at 4.40, City Developments added 10 cents to 10.50 while Keppel Land dropped five cents to 3.86. Among banks, DBS rose 12 cents to 17.74, United Overseas Bank fell eight cents to 18.76 and Oversea-Chinese Banking Corp was off one cent at 8.04.
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