Singapore shares edged lower on Tuesday on persistent euro zone funding concerns, but commodities firm Noble Group rose on news that China’s Yancoal is in talks to buy Noble’s Australian-listed subsidiary Gloucester Coal.
At 1:00 p.m., the Straits Times Index (STI) <.FTSTI> was down 0.05%, or 1.18 points, at 2,616.91. Some 289.4 million shares worth $307.5 million had been traded, compared with 376.6 million shares worth $388.2 million around the same time on Monday.
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