On 16/Aug, Singapore shares ended lower due to Germany’s weak gross domestic product data.

STI ended lower at 2832.73 (1.5%) with LOW VOL of 1.59 billion shares traded compared with 1.26 billion shares Monday. In the broader market, losers outnumbered gainers 357 to 196. The index plunge today after the report issued at 0600 GMT showed growth in Germany–Europe’s largest economy–slowed sharply in the second quarter.

Headline in STI

Before market close

Ezra Holdings Ltd. (5DN.SG) has received an order from three Thai units of Chevron Corp. (CVX) that has boosted its orders for offshore construction projects to US$600 million.

After market close

A joint bid by City Developments Ltd. (C09.SG) with Garden Estates (Pte) Ltd

has emerged as the highest in a tender S$105 million for the 28,400 square meter site in central Singapore

Thai Airways International PCL (THAI.TH) may not pursue ...