Singapore share prices closed 0.38 percent lower on Wednesday in pre-Christmas trading with few fresh leads to inspire investors, dealers said. They said trading interest would most likely wind down further because of the holiday-shortened week. The Straits Times Index dropped 7.82 points to 2,055.77, and the All-Singapore Equities index fell 1.16 points to 525.44.
Volume totalled 539 million shares worth 468 million Singapore dollars (285 million US dollars), from 513 million shares worth 420 million dollars on Tuesday.
Gainers led losers 222 to 138, with 448 stocks unchanged.
"I think the level of interest is most likely to be relatively low," a dealer from a local brokerage said.
"Because of the holiday season, the volume is not particularly heavy. It will probably get even lighter as we go to Christmas."
Most blue chips finished lower with national carrier Singapore Airlines a rare exception as it gained 10 cents to 11.50 Singapore dollars.
However, Singapore Telecommunications fell four cents to 2.38 dollars and publishing giant Singapore Press Holdings declined by the same margin to 4.54.
Creative Technology was 70 cents higher at 23.40 dollars and electronics contract firm Venture Corp rose 10 cents to 15.70., But other technology stocks did not fare as well.
Contract chip-maker Chartered Semiconductor was steady at 94.5 cents, while network systems integrator Datacraft Asia was flat at 1.10 US dollars.
In the banking sector, DBS dropped 10 cents to 16.20, United Overseas Bank was flat at 13.80 and Oversea-Chinese Banking Corp gained 20 cents to 13.60.
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