Singapore shares were slightly down by midday on Wednesday, erasing earlier gains, with palm oil firm Wilmar International among the worst performing stocks after its third-quarter earnings missed expectations, reported Reuters.
At 1 p,m,, the Straits Times Index was 0.1% or 1.59 points lower at 2,864.93. Some 710.4 million shares worth $638 million were traded, compared with 756.2 million shares worth $578.1 million on Tuesday.
Investors remained cautious because of lingering concerns that the European debt crisis was far from being resolved.
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