On 16/Feb, Singapore shares end lower Thursday after China announced new restrictions on housing purchases in Beijing.

STI ended lower at 3082.83 (0.4%) with LOW VOL of 1.14 billion shares traded compared with 1.2 billion shares Wednesday. In the broader market, losers outnumbered gainers 248 to 211.  The overall selling pressure for today is relatively weak since the fire is mainly focusing on the big brother of STI “Singtel”.

Headline in STI

Before market close

CapitaMalls Asia Ltd. (JS8.SG) 4Q net profit fell 15.2% to S$144.0 million compared with S$169.9 million a year earlier due to lower contributions after the divestment of several properties in 2010.

Keppel Corp. (BN4.SG) had secured contract to construct two jack-up rigs worth US$380 million.

After market close

Biosensors International Group Ltd. (B20.SG) plans to raise S$200.8 million through private placement for expansion and ...