On 27/Feb, Singapore shares ended lower on high oil prices increased concerns about global economic growth.

STI ended higher at 2946.78 (1.1%) with LOW VOL of 1.72 billion shares traded compared with 1.48 billion shares Friday. In the broader market, losers outnumbered gainers 286 to 124. Today STI undergo heavy selling pressure as investor continue to take advantage of the pullback to sell more stocks.

Headline in STI

After market close

Sembcorp Industries Ltd. (U96.SG) 4Q net profit rose 10% to S$251.9 million with S$228.7 million a year earlier due to a higher contribution from its utilities business.

Golden Agri-Resources Ltd. (E5H.SG) 4Q net profit fell 36% to US$747.8 million compared with US$1.17 billion a year earlier due to higher sales and raw-material costs, and lower gains on the fair value of its plantations.

STX OSV Holdings Limited has acquired ...