On 15/Dec, Singapore shares end lower Wednesday after Moody’s Investors Service place Spain’s Aa1 ratings for possible downgrade and state that euro zone’s issues may escalate.
STI ended lower at 3147.20 (0.9%) with LOW VOL of 1.48 billion shares traded compared with 1.69 billion shares Tuesday. In the broader market, losers outnumbered gainers 319 to 143. Although STI falls under light trading volume but the overall selling pressure is huge as 69% of stocks ended in negative region.
Headline in STI
Before market close
Australian competition regulator ACCC cleared the US$7.8 billion purchase of ASX Ltd by Singapore Exchange Ltd and reply that the deal would not obstruct competition.
Sembcorp Industries Ltd. (U96.SG) has acquired WSN Environmental Solutions, a solid waste management service provider owned by the New South Wales government.
Wilmar International Ltd. (F34.SG) has received approval from the Overseas Investment Office …