On 09/April, Singapore shares ended lower on weak American employment report.

STI ended lower at 2960.10 (0.9%) with LOW VOL of 1.26 billion shares traded compared with 1.62 billion shares Thursday. In the broader market, losers outnumbered gainers 289 to 104. Today STI undergo heavy selling pressure as US job data disappoint.

Headline in STI

Before market close

Genting Singapore PLC (G13.SG) plans to sell S$500 million in perpetual securities.

After market close

CapitaRetail China Trust (AU8U.SG) has set up a S$500 million multicurrency medium-term note program and appointed DBS Bank Ltd. to act as arranger.

ST Engineering marine arm, ST Marine, has secured a 534.8 million euro (S$880 million) contract to design and build four patrol vessels (PVs) and the provision of associated logistic support for the Royal Navy of Oman.

Technical Analysis on STI

Immediate Resistance of STI: 3005

Immediate Support ...