On 22/Feb, Singapore shares end lower Tuesday due to heighten political tensions in the Middle East and earthquake in New Zealand.

STI ended lower at 3019.12 (1.7%) with HIGH VOL of 2.06 billion shares traded compared with 1.26 billion shares Monday. In the broader market, losers outnumbered gainers 573 to 63. It is a massive slaughter in STI today as investors sell with fears accompanied by high selling volume.

Headline in STI

Before market close

CapitaLand Ltd. (C31.SG) 4Q net profit fell to S$522.1 million compared with S$885.7 million a year ago.

Yangzijiang 4Q net profit rose 30% to 838.1 million yuan (US$127.6 million).

After market close

Cosco Corp. (F83.SG) 2010 net profit rose to S$248.8 million compared with S$110.1 million a year earlier.

Genting Singapore Ltd. (G13.SG) 4Q net loss of S$150.3 million compared to ...