Singapore share prices are expected to move in a narrow range this week, with concerns over high oil prices expected to hang over trading sentiment, traders said. Investors are also expected to seek clues from the performance of US stocks and from Singapore's January industrial production data to be released by the government on Monday. Analysts predict growth in the city-state's manufacturing output to slow to 10.5-18.0 percent from 31.7 percent in December, as production in the volatile pharmaceutical sector moderates.

The slowdown is in line with government projections for a 3-5 percent gross domestic product growth this year, from an 8.4 percent expansion in 2004.

For the week to February 25, the Straits Times Index fell 33.78 points, or 1.56 percent, to 2,135.08.

Over the week, average daily volume totalled 861 million shares worth 896 million Singapore dollars (550 million US).

Copyright Agence France-Presse, 2005