SINGAPORE - Local shares dipped on Thursday amid what IG market strategist Pan Jingyi described as"some cooling of the vaccine enthusiasm".
Shares of Dairy Farm International fell the most among index constituents. They ended 4.19 per cent lower at US$4.35, two weeks after reporting a mixed set of third-quarter results with strong sales and profit growth in grocery retail, mitigated by lower sales and profit in its health and beauty and Maxim's segments.
Regional markets generally finished lower, except for the Shanghai Composite Index, which added 0.47 per cent. The Nikkei 225 lost 0.36 per cent, while the Hang Seng Index fell 0.71 per cent and Malaysia's KLCI ended 1.31 per cent lower for the day.
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