On 02/Dec, Singapore shares end lower Friday as investor took profit ahead of the announcement of U.S. Nov employment data.

STI ended lower at 3172.44 (0.8%) with LOW VOL of 1.13 billion shares traded compared with 1.46 billion shares Thursday. In the broader market, losers outnumbered gainers 263 to 202. Although STI falls 0.8% but the selling mainly focus on the STI component stocks rather than the overall market. Moreover the trading volume is very low which indicates that most of the traders are still keeping sideline.

Headline in STI

Before market close

Olam has entered into a joint venture to set up a US$200 million sugar refinery in Nigeria.

After market close

Kingsmen Creatives Ltd announces that arbitration proceedings between its subsidiary Kingsmen Exhibits Pte Ltd and a subcontractor Hup Lian Engineering Pte Ltd have started which involves the supply, fabricate and install ...