.
Keppel Corp, the world's largest oil rig builder, may be in focus after it announced a contract worth around $809 million to design and build a semi-submersible rig for Urca Drilling BV, a unit of Sete Brasil articipações.
Singapore share prices ended 0.3% lower on Thursday, in line with declines across most Asian markets. Trading volume on the Singapore Exchange (SGX) was low as activity winds down ahead of the Christmas weekend.
The blue-chip Straits Times Index fell 8.52 points to close at 2,664.80. In the broader market, a mere 426 million shares changed hands, with losers outnumbering gainers 163 to 130.
Asian bourses were mostly weaker as investors remained concerned over Europe's debt crisis. Initial euphoria over the bigger-than-expected take-up of 489.19 billion euros at the European Central Bank longer-term refinancing operation faded as worries crept in that banks may hoard the cheap funds, rather than use them to support the sovereign debt markets.
On the SGX, banks ended lower, with DBS Group Holdings down 1.6% at S$11.51, OCBC falling 1.3% to S$7.90 and UOB closing 1.7% lower at S$15.49.
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