On 20/Oct, Singapore shares ended lower as fears heighten over Europe’s ability to come up with a credible fix for its debt crisis.

STI ended lower at 2694.01 (1.0%) with LOW VOL of 1.06 billion shares traded compared with 1.20 billion shares Wednesday. In the broader market, losers outnumbered gainers 291 to 134. Today STI continue to undergo profit taking although most investors prefer to sideline as affirm by low trading volume.

Headline in STI

After market close

Keppel Corp. (BN4.SG) 3Q net profit rose 33.3% to S$406.1 million compared with S$304.6 million a year earlier due to the higher profit reported by its Offshore & Marine and Property divisions.

Ascott 3Q distribution per unit (DPU) rose by 21 per cent to 2.23 cents from a year ago due to the yield accretive transaction (comprising the acquisition of the 28 serviced ...