On 09/May, Singapore shares ended lower on fresh worries of Europe’s monetary union following failed coalition talks in Greece.

STI ended lower at 2900.91 (1.1%) with LOW VOL of 1.70 billion shares traded compared with 1.97 billion shares Tuesday. In the broader market, losers outnumbered gainers 255 to 132. Today STI undergo profit taking as investors sought to offload risk-sensitive assets.

Headline in STI

Before market close

Singapore Telecommunications Ltd. (Z74.SG) total number of subscribers rose 2.8% to 445 million compared with 433.5 million as of Dec. 31.

Singapore Telecommunications Ltd. (Z74.SG, SGAPY) unit Amobee has acquired a Silicon Valley-based start-up for an undisclosed amount, as it seeks to acquire the technology to create three-dimensional advertisements for mobile phones.

After market close

Neptune Orient Lines Ltd. (N03.SG) 1Q net loss was US$253.6 million compared with US$10 million a year earlier ...