Singapore shares end 0.85% lower on poor corporate results

Singapore shares ended the day lower on Thursday, dragged down by disappointing corporate results across the region.

The benchmark Straits Times Index fell 27.74 points, or 0.85 per cent, to close at 3,220.92.

About 2 billion shares worth $1.14 billion were traded.

There were 234 losers, outnumbering 153 gainers.

Thai Beverage was among the most actively traded, dropping three cents to 54.5 cents after posting lower sales and profit.

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