On 21/Feb, Singapore shares end lower Friday as rising unrest in the Mideast and North Africa prompt investors to cash in for safety.

STI ended lower at 3070.6 (0.5%) with LOW VOL of 1.26 billion shares traded compared with 1.41 billion shares Friday. In the broader market, losers outnumbered gainers 367 to 119.  Although the selling volume is relative low today due to US market closed but overall market has declined quite a bit with some stock’s critical support breached. This affirms that fears have kick into investors mind again as they run for safety.

Headline in STI

Before market close

CapitaLand Ltd. (C31.SG) has acquired an additional 39.3% stake in LFIE Holding Ltd, a holding company for real-estate investments in China, for HK$762 million (US$98 million).

Raffles Medical, 2010 net profit rose 19.5% to S$45.3 million compared to a year ago ...