On 03/Aug, Singapore shares ended lower as concerns heighten on the slow global growth and shaky sovereign debt.

STI ended lower at 3130.34 (1.5%) with HIGH VOL of 1.77 billion shares traded compared with 1.63 billion shares Tuesday. In the broader market, losers outnumbered gainers 428 to 123. Today STI continue to be under heavy selling pressure as decline in personal spending in the U.S contributed to concerns.

Headline in STI

Before market close

Australian Federal Court has adjourned a proceeding regarding the suspension of Tiger Airways Ltd. (J7X.SG) to Aug. 5 from Aug. 3.

After market close

Hutchison Port Holdings Trust’s (NS8U.SG) 1H net profit beat its forecast by 13% at HK$653.7 million due cost savings.

Bharti Airtel Ltd. (532454.BY) 1Q net profit drop 28% to INR12.15 billion but it also showed pretty clear signs that the worst may ...