Singapore shares closed 0.76 percent lower on Thursday, after the U.S. Federal Reserve gave no hint of accelerating rate hikes while it held interest rates steady in its first meeting since Donald Trump took office.

On Wednesday the Federal Reserve painted a relatively upbeat picture of the U.S. economy, but U.S. stock prices were mixed as the effect of strong earnings from Apple was offset by worries that Trump's tough stance on trade and immigration.

Singapore's benchmark Straits Times Index fell 23.41 points to 3,044.08 points. Trading volume was 2.53 billion shares worth 1.11 billion Singapore dollars. Decliners outnumbered advancers 220 to 198, while 666 stocks did not move.

Global Logistic Properties rose 0.4 percent to 2.59 Singapore dollars. It announced it acquired 42,000 square meters of distribution facilities in Chicago for 33 million U.S. dollars. The facilities are multi-tenant assets, and are fully leased to new and existing customers.

Moya Holdings Asia rose 3.2 percent to 6.4 Singapore cents. In response to the Singapore Exchange's query over substantial increase in the company's trading volume and share price on Tuesday, it stated it is considering a potential acquisition of a company in similar business. However, there is no assurance that any definitive or binding agreement will be reached or that any transaction will materialize.

Among the top gainers, Great Eastern Holdings rose 0.4 percent to 20.96 Singapore dollars, whereas Jardine Matheson became one of the top losers by falling 0.5 percent to 62.34 U.S. dollars. (1 U.S. dollar equals to 1.41 Singapore dollars)