On 01/Feb, Singapore shares ended lower as data on Chinese manufacturing activity led to expectations Beijing may not ease its monetary policy.

STI ended higher at 2904.76 (0.1%) with HIGH VOL of 3.02 billion shares traded compared with 3.16 billion shares Tuesday. In the broader market, gainers outnumbered losers 222 to 217. STI had a choppy trading session today and finally close lower on profit taking.

Headline in STI

After market close

SMRT Corporation Ltd plan to invest $195 million to replace the signaling system on the North-South East-West (NSEW) Lines. The replacement work covers more than 100 km of tracks on the NSEW Lines.

Overseas Union Enterprise Ltd. (LJ3.SG) priced a S$300 million five-year fixed-rate note which have a 4.95% coupon and mature Feb. 1, 2017.

Global Logistic Properties Limited has incorporated two indirect wholly-owned subsidiaries and acquired a third in China. The ...