Singapore shares edged slightly lower by midday, in line with several Asian bourses, as investors stayed cautious on concerns that persistently high oil prices could curtail the world's fragile economic growth.
By 1:00 p.m., the Straits Times Index was down 0.34%, or 8.95 points, at 2969.13. Around 920.9 million shares worth $563.3 million were traded, slightly more than the 787.2 million shares worth $681.4 million that were traded by the same time on Friday.
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