On 23/Dec, Singapore shares end lower Thursday as traders took profit on the long Christmas holiday ahead.
STI ended lower at 3137.78 (0.2 %) with LOW VOL of 825 million shares traded compared with 1.1 billion shares Wednesday. In the broader market, losers outnumbered gainers 213 to 194. Today STI continue to drift aimlessly under very low trading activities as traders are closing down their account to enjoy their holidays.
Headline in STI
Before market close
UOL Group Ltd. (UOLGY, U14.SG) plan to increase its stake in United Industrial Corp. (U06.SG) to 42% for S$320.5 million.
Global Logistic Properties Ltd. (MC0.SG) will acquire 19.9% stake in Shenzhen Chiwan Petroleum Supply Base Co. Ltd. (200053.SZ) for S$91 million.
After market close
Roxy-Pacific Holdings Limited plan to purchase a commercial building at Changi Road worth $35.5 million.
Neptune Orient Lines Ltd. (N03.......