On 14/July, Singapore shares end flat as investors turned cautious after Moody’s Investors Service decided to review its U.S. credit ratings for a possible downgrade.

STI ended flat at 3088.70 (0.01%) with regular VOL of 1.09 billion shares traded compared with 1.29 billion shares Wednesday. In the broader market, losers outnumbered gainers 288 to 169. Today the STI market trend aimlessly with some investors taking profit on recent gains.

Headline in STI

Before market close

Asia Pacific Breweries Ltd. (A46.SG) along with Asia Pacific Investments Pte. Ltd. has sold its stakes in Jiangsu Dafuhao Breweries Co., Ltd. and Shanghai Asia Pacific Brewery Company to China Resources Snow Breweries Ltd. (0291.HK) for S$162 million.

CapitaCommercial Trust (C61U.SG) 2Q distribution per unit of 1.92 Singapore cents, down from 1.97 Singapore cents a year earlier.

Cosco Shipping plan to spend US$12 million …