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SINGAPORE, Dec 14, 2007 (AFP) - Singapore share prices closed 0.37 percent lower on Friday, following declines in regional bourses with investors worried over the fate of the US economy, dealers said.
The main Straits Times Index fell 12.93 points to close at 3,466.38 on volume of 2.07 billion shares worth 1.93 billion Singapore dollars (1.34 billion US).
Falling issues outnumbered gainers 507 to 227 while 966 were unchanged.
"The Singapore market is just a follower, so a lot depends on the regional performance and the US," said Yeo Kee Yan, retail market strategist at DBS Vickers.
Beverage maker Fraser and Neave was 15 cents higher at 5.80 Singapore dollars, while Singapore Telecommunications gained four cents to 3.96.
Oversea-Chinese Banking Corp also rose, gaining 10 cents to 8.65 but its peers both fell, with DBS Group Holdings down 20 cents to 20.40 and United Overseas Bank 10 cents lower at 19.70.
In the property sector, CapitaLand fell 10 cents to 6.60 and Keppel Land closed down 15 cents at 7.40.
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