On 20/Dec, Singapore shares end lower Monday as South Korea conducted live-fire military exercise on a border island in defiance of North Korean.
STI ended lower at 3132.96 (0.6 %) with LOW VOL of 1.08 billion shares traded compared with 1.2 billion shares Friday. In the broader market, losers outnumbered gainers 339 to 116. Today STI undergo heavy selling pressure with 76% of stock in negative region despite low trading volume.
Headline in STI
Before market close
Singapore Airlines Cargo, a unit of Singapore Airlines Ltd. (C6L.SG) plans to purchase 16% stake in China Cargo Airlines Co. Ltd.
Singapore Technologies Engineering Ltd. (S63.SG) has received contracts worth S$110 million that include automatic fare collection system for the Bangkok Mass Transit System, supply of 40mm ammunition to the U.K. Ministry of Defense and ship upgrading and modification.
After market close
Wilmar International Limited plans ......