On 19/Oct, Singapore shares ended lower dragged by plunges of some major blue chips in the STI index.

STI ended lower at 2720.21 (0.2%) with regular VOL of 1.2 billion shares traded compared with 1.26 billion shares Tuesday. In the broader market, gainers outnumbered losers 275 to 186. STI ended lower is mainly due to the selling of the heavyweights Jardine Matheson–down 3.5% at S$49.01–and Jardine Strategic–1.8% lower at S$27.56.

Headline in STI

Before market close

CapitaMalls Asia Ltd. (JS8.SG) 3Q net profit fell 30.3% to S$36.5 million compared with S$52.4 million a year earlier due to higher finance expenses and absence of gains from sold assets.

Artivision Technologies Ltd has signed a S$42 million deal with Chinese technology giant Beijing Daheng Innovative Technology Co Ltd to exclusively adopt the AVision software for its surveillance hardware applications.

After ...