On 21/Jan, Singapore shares end lower Friday as fear heightened that inflation will prompt Beijing to increase their interest rates.

STI ended lower at 3184.60 (0.7%) with LOW VOL of 1.8 billion shares traded compared with 2.09 billion shares Thursday. In the broader market, losers outnumbered gainers 273 to 179. Today investors continue to take profit on their stocks on fear that market may be heading for a pullback after the recent strong rally.

Headline in STI

Before market close

Ascott Residence Trust (A68U.SG) 4Q distribution per unit increase 16% to 2.16 cents compared with 1.87 cents a year earlier on higher revenue.

Mapletree Logistics Trust (M44U.SG) 4Q distribution per unit decline 2.5% to 1.55 cents compared with 1.59 cents a year earlier.

Dukang Distillers Holdings Ltd. (GJ8.SG) announced that Taiwan Securities and Futures Bureau have approved the ...