On 15/Mar, Singapore shares end lower Tuesday as Japan’s nuclear crisis worsened after two more blasts and a fire at an atomic power plant.

STI ended lower at 2946.08 (2.8%) with HIGH VOL of 2.22 billion shares traded compared with 977 million shares Monday. In the broader market, losers outnumbered gainers 669 to 66.  Today the news of nuclear crisis triggered investors to sell on fear as they dump riskier assets and go for safety.

Headline in STI

Before market close

Singapore Exchange Ltd.’s (S68.SG) US$8.3 billion takeover of ASX Ltd. (ASX.AU) faces intense parliamentary scrutiny due to unequal nature of the deal.

After market close

Cosco Corp. (F83.SG) reported that an Asian shipowner has cancelled a contract for a bulk carrier.

Singapore Airlines filled 66.9 per cent of the space for passengers and cargo in February down from January. They ...