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STI falls 0.5% to 2,760.33 at the break

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Singapore’s Straits Times Index fell 0.5% to 2,760.33 as of the 12:30 p.m. midday trading break. Ten stocks rose on the 30-member gauge, while 17 declined.

Shares on the measure trade at 13.6 times estimated earnings, compared with about 17.5 times at the beginning of the year, according to Bloomberg data.

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