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The Singapore Market This Week

StockMarketBoardThe Straits Times Index (SGX: ^STI) closed at 3,114 points, shedding 1.9% for the week. Concern returned to the market as talk of a scaling back of the bond-buying programme in the US surfaced again.

There were a number of constituent stocks that fared worse than the bellwether index. Trusts such as Hutchison Port Holdings Trust (SGX: NS8U) and CapitaMall Trust (SGX: C38U) lost 4.4% and 3.6%, closing at US$0.65 and S$1.875 respectively.

Commodity company, Golden Agri-Resources Limited (SGX: E5H) was one of the worst performers of the index, falling 5.2% to close at S$0.545.

However, it was not all doom-and-gloom on the Singapore bourse. Genting Singapore (SGX: G13) rose 1% to end the day at S$1.485. Other firms such as Jardine Matheson Holdings Limited, Jardine Strategic Holdings Limited and Thai Beverage PLC also finished the week in positive territory.

The STI is currently trading at a historical PE ratio of 13.3.

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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore contributor Sudhan P doesn’t own shares in any companies mentioned.