On 04/April, Singapore shares ended lower as Federal dampened expectations for more growth-boosting measures from the Federal Reserve.

STI ended lower at 2985.04 (1%) with LOW VOL of 1.69 billion shares traded compared with 2.63 billion shares Tuesday. In the broader market, losers outnumbered gainers 267 to 105. Today STI undergo heavy selling pressure as investors sell on absence of further stimulus.

Headline in STI

Before market close

Keppel Corp. Ltd. (BN4.SG) priced a S$300 million 2027 bond issue. The notes are callable and will bear a 3.8% coupon, which will step up to 4.2% after April 2022 if the bonds aren’t called by then.

Ezion Holdings Ltd. (5ME.SG) has secured an US$80 million charter contract to provide a service rig to a national oil company in Central America for four years.

After market close

Keppel Corp. Ltd. (BN4.SG) has secured floating ...