Singapore shares closed marginally lower on Thursday, tracking broader regional losses, as investors remained cautious over the deal between US President Donald Trump and his Chinese counterpart Xi Jinping to sort out the rare earths dispute. The US also lowered the overall tariff on China to 47% from 57%.

The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,417.00 and 4,458.13 throughout the day. It ended the session at 4,437.44, down 2.77 points or 0.06% compared to Wednesday's close.

In economic news, Singapore's overall unemployment rate remained "low" at 2% in September as resident and citizen unemployment rates stood at 2.8% and 3.0%, respectively, according to data released by the Ministry of Manpower.

In company news, shares of Fu Yu (SGX:F13) surged nearly 14% at the close as it booked a net profit of SG$2.4 million during the third quarter, compared with a net loss of SG$2.6 million a year earlier.

Mapletree Industrial Trust's (SGX:ME8U) shares were down nearly 3% as its distribution per unit or DPU declined 2.2% during the fiscal second quarter ended Sept. 30 to SG$0.0318 from SG$0.0337 a year earlier.

Meanwhile, Starhill Global REIT's (SGX:P40U) shares were down nearly 1% as its net property income rose 0.2% to SG$37.9 million in the fiscal first quarter ended Sept. 30 from a year earlier.