On 01/Nov, Singapore shares ended lower after data showed China’s manufacturing activity slowed and fresh euro-zone debt concerns emerged.

STI ended lower at 2789.35 (2.3%) with regular VOL of 1.42 billion shares traded compared with 1.48 billion shares Monday. In the broader market, losers outnumbered gainers 380 to 112. Today STI undergo heavy selling pressure as investors dump stocks for safety.

Headline in STI

Before market close

CapitaMall Trust (C38U.SG) has priced its private placement at S$1.79 (US$1.43) per new unit in an issue that will raise about S$250 million.

Singapore Airlines Ltd. (C6L.SG) new low-cost airline will start operations in mid-2012 with a fleet of four Boeing 777-200 planes flying to Australasia and China.

After market close

CapitaLand Ltd. (C31.SG) has acquired two residential sites in Guangzhou’s Panyu district and Shanghai’s Pudong district for about S$108 million.

ST Engineering announced ...