Singapore's shares closed lower as AI and semiconductor stocks tracked a sell-off amid investor pullbacks from the technology, artificial intelligence, and semiconductor sectors.

The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 5,406.07 and 5,451.22 throughout the day. It ended the session at 5,415.14, down 22.85 points or 0.42% compared to Wednesday's close.

In corporate news, Frasers Centrepoint Trust's (SGX:J69U) shares closed over 2% higher as it signed an MOU with Singapore's National Library Board to develop a 32,000-square-foot community reading space at Causeway Point mall.

ValueMax (SGX:T6I) launched a six-month digital securities commercial paper on the ADDX Exchange. Shares were down over 1% at close.

Alpha Integrated Real Estate Investment Trust's (SGX:M1GU) shares jumped over 2% at the close, as its portfolio occupancy rose to 96.1% in Q3 from 87% a year earlier.