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Singapore share prices closed 0.43 percent weaker Friday, extending losses as investors took profits ahead of the weekend, dealers said. They said trading interest is expected to remain thin next week because of the public holidays that fall on Tuesday and Thursday.

The Straits Times Index fell 9.49 points to 2,192.41. Volume traded totalled 705 million shares worth 728 million Singapore dollars (433 million US), down from 950 million shares worth 911 million dollars Thursday.

There were 197 rising issues, 269 losers and 659 issues were even.

Singapore Airlines was steady at 11.20 dollars on lingering concerns high jet fu the second quarter to September fell an annual 0.9 percent to 343.2 million dollars because of higher fuel bills. For the other blue chips, Singapore Telecommunications dropped three cents to 2.33, while Singapore Press Holdings was steady at 4.44 and ST Engineering lost two cents to 2.53.

In the banking sector, DBS fell 10 cents to 15.20 despite reporting an annual 28 percent jump in net profit of 446 million dollars in the third quarter to September.

United Overseas Bank was steady at 13.60 and Oversea-Chinese Banking Corp gained five cents to 6.20. Among technology stocks, Creative fell 10 cents to 12.30, Chartered was flat at 1.03 and Venture rose 20 cents to 12.50.

Property stocks were mixed with CapitaLand up four cents to 3.12, City Developments eased 20 cents to 8.40 and Keppel Land rose eight cents to 3.76.

Copyright Agence France-Presse, 2005


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