Singapore shares edge down 0.2% by midday ahead of key US events

Share prices on the Singapore bourse fell on Wednesday morning trading, with the benchmark Straits Times Index down 7.07 points or 0.22 per cent to 3,238.38 at 12.41 pm.

Investors are largely staying on the sidelines ahead of the release of United States' economic data and conclusion of the Federal Reserve policy meeting.

Losers outpaced gainers 192 to 128 while 481 counters were unchanged.

Turnover stood at 1.21 billion shares worth $988 million.