On 04/Aug, Singapore shares ended lower as fears risen on the U.S. economic outlook.

STI ended lower at 3107.01 (0.74%) with LOW VOL of 1.29 billion shares traded compared with 1.77 billion shares Wednesday. In the broader market, losers outnumbered gainers 357 to 167. Today STI remain under heavy selling pressure as investors en-cash on a session of choppy trading.

Headline in STI

Before market close

Oversea-Chinese Banking Corp. Ltd. (O39.SG) 2Q net profit rises 15% to S$577 million compared with S$503 million a year ago due to growth in its loans business and fee income, offsetting persistent pressure on mortgage margins.

CapitaLand Ltd. (C31.SG) 2Q net profit rose 17.4% to S$399 million compared with S$339.7 million a year earlier due to higher development profits in Singapore, fair value gains, and the sale of a residential site in China.

After market ...