On 10/Feb, Singapore shares ended lower after euro-zone finance ministers withheld approval for a second bailout in Greece.

STI ended lower at 2960.00 (0.7%) with HIGH VOL of 3.07 billion shares traded compared with 3.26 billion shares Thursday. In the broader market, losers outnumbered gainers 313 to 171. Today STI continue to undergo profit taking after recent market gains.

Headline in STI

Before market close

DBS Group Holdings Ltd. (D05.SG) 4Q net profit rose 8% to S$731 million compared with S$678 million a year ago as strong loan growth continued to drive the bank’s net interest income.

After market close

CapitaMalls Asia Ltd.’s (JS8.SG) 4Q net profit rose 42.6% to S$205.4 million compared with S$144 million a year ago because of higher rental revenue from its mall in Malaysia and increased contributions from its fund-management entities.

Technical Analysis on STI

Immediate …