On 16/Jan, Singapore shares ended lower as euro-zone downgrades from Standard & Poor dampen market sentiment.

STI ended lower at 2756.49 (1.3%) with regular VOL of 730 million shares traded compared with 1.05 billion shares Friday. In the broader market, losers outnumbered gainers 231 to 96. Today STI undergo strong selling pressure as investors sells on the downgrade of the euro-zone.

Headline in STI

Before market close

Ascendas Real Estate Investment Trust (A-Reit) is not in talks with Mapletree Investments Pte Ltd or any other party to invest in Pune or any other part of India.

After market close

M1 Ltd. (B2F.SG) 4Q net profit rose 0.4% to S$37.6 million compared with $37.5 million a year earlier.

Singapore Exchange Ltd. (S68.SG) 2Q net profit fell 11.7% S$65.4 million compared with S$74.0 million a year earlier due to last year’s ...