On 09/Nov, Singapore shares ended lower as investors took profit on the index’s rally in the previous two sessions.

STI ended lower at 2858.66 (0.3%) with regular VOL of 1.45 billion shares traded compared with 1.51 billion shares Tuesday. In the broader market, losers outnumbered gainers 236 to 227. Today investors continue to take profit on the uncertainty in the market ahead.

Headline in STI

Before market close

Wilmar International Ltd. (F34.SG) 3Q net profit rose 23.7% to US$321 million compared with US$259.5 million a year earlier mainly on recovering margins in its oilseeds and grains business.

Yangzijiang Shipbuilding Holdings Ltd 3Q net profit rise 40% to 1.02 billion yuan (US$160.7 million) compared with 730.4 million yuan a year ago driven by the construction and delivery of more vessels.

A dry bulk vessel operated by China Cosco Holdings has been ...