Singapore shares close 1.85 percent down

Posted by 7Star Tuesday, April 28, 2009

Singapore shares fell 1.85 percent on Monday on fears over the economic impact of a deadly swine flu outbreak, analysts said. The blue chip Straits Times Index (STI) closed 34.24 points down at 1,818.61, led by Singapore Airlines on concerns that air travel will take a further hit from the new health threat.

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