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STOCKS NEWS SINGAPORE-Shares down at midday, Genting drags
Singapore shares fell by midday, dragged down by casino operator Genting Singapore PLC and investors retreating from risky assets on concerns about global growth. Genting shares plunged as much as 4.5 percent to a two-month low after it posted a decline in quarterly earnings and several brokerages lowered their target prices. By midday, Genting recouped some losses and was down 3.6 percent at S$1.61