On 09/Dec, Singapore shares ended lower as investors were disappointed that European Union leaders summit didn’t achieve backing for treaty changes.

STI ended lower at 2694.60 (1.2%) with LOW VOL of 627.3 million shares traded compared with 807 million shares Thursday. In the broader market, losers outnumbered gainers 265 to 73. Today STI undergo heavy selling pressure as investors panic selling on fear that Euro debt crisis may worsen.

Headline in STI

Before market close

Proserpine Cooperative Sugar Milling Association have approved the purchase of the company by Wilmar International Ltd.’s (F34.SG) comprising a A$120 million headline price.

After market close

Tiger Airways Holdings Limited carried 402,000 passengers in November, 13 per cent lower than the 464,000 passengers it carried a year ago.

Armstrong Industrial Corporation Limited announced that its two factories in Thailand that were shut down due to the Thailand flood will start ...