On 02/Sept, Singapore shares ended lower as investors are caution ahead of the key U.S. jobs report due later.

STI ended lower at 2843.09 (0.8%) with LOW VOL of 1.15 billion shares traded compared with 2.19 billion shares Thursday. In the broader market, losers outnumbered gainers 298 to 158. Today investors continue to take profit as they are mindful of the U.S. Job data and prefer not to hold over the weekend.

Headline in STI

After market close

Singapore Telecommunications Ltd. (Z74.SG) would issue a new series of US$100 million, seven-year floating rate notes Sept. 12.

ComfortDelgro Corporation has acquired a 40 per cent stake in Gobbler Private Limited, an online marketing platform that engages viral media technologies and solutions.

Technical Analysis on STI

Immediate Resistance of STI: 2936

Immediate Support of STI: 2820

MY sentiment on STI: See market outlook tomorrow.

SingTel ...