Singapore’s benchmark stock index, the Straits Times Index, fell 0.85% at 9:05 a.m.

The index of 30 companies traded on Singapore Exchange fell 22.61 to 2,636.59. Among the stocks in the index, 8 rose, 17 fell and 5 were unchanged.

Declines in the Straits Times Index were led by Jardine Matheson Holdings, United Overseas Bank and Oversea-chinese Banking Corp. About 94.54 million shares changed hands in Singapore.

Singapore Petroleum Co, which was unchanged at $6.23, was the most active stock by value in Singapore.

The next most-active issues were Fraser And Neave, which fell 5 cents to $4.10, and Capitaland, which rose 2 cents to $3.84.

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