On 01/Mar, Singapore shares ended lower higher on Federal Reserve Chairman Ben Bernanke’s cautious remarks on the U.S. Economy.

STI ended lower at 2978.84 (0.5%) with LOW VOL of 1.64 billion shares traded compared with 1.81 billion shares Wednesday. In the broader market, gainers outnumbered losers 318 to 117. Today STI undergo heavy selling pressure as investors turn bearish on Fed’s comments.

Headline in STI

Before market close

Yangzijiang Shipbuilding Holdings Ltd. (YSHLF, 911609.TW, BS6.SG) 4Q net profit rose 24% to CNY1.04 billion compared with CNY838.1 million a year earlier as its yards worked at near full capacity.

After market close

Genting Singapore PLC (G13.SG) plan to raise S$1.8 billion through an issue of Singapore-dollar perpetual bonds priced to yield 5.125%.

Hongkong Land Holdings Ltd. (H78.SG) 2011 net profit rose 12% to US$5.31 billion compared with ...