On 26/Mar, Singapore shares ended lower as investors adopted a cautious approach ahead of data releases in the U.S. and Europe later in the week.

STI ended lower at 2974.5 (0.5%) with regular VOL of 1.46 billion shares traded compared with 1.64 billion shares Friday. In the broader market, losers outnumbered gainers 206 to 148. Today STI undergo weak selling pressure taking as investors booked profits on recent gains.

Headline in STI

Before market close

Cosco Corp. (Singapore) Ltd. (F83.SG) has signed a contract valued at more than $150 million to build a specialized vessel for the installation of offshore wind turbines.

After market close

Singapore Press Holdings Ltd plan to increase its stake in Blu Inc (Holdings) Malaysia Sdn Bhd by 20 per cent.

Swiber Holdings Ltd. (AK3.SG) has secured a $273 million contract for offshore construction work in the Gulf of ...