On 09/July, Singapore shares ended lower on weak U.S. employment data
STI ended lower at 2929.08 (1.7%) with LOW VOL of 1.46 billion shares traded compared with 1.50 billion shares Friday. In the broader market, losers outnumbered gainers 282 to 105. Today STI undergo heavy selling pressure as investors exit upon bad news from US.
Headline in STI
Before market close
CapitaLand Ltd. (C31.SG) plan to buy a Singapore property from Ascott Residence Trust (A68U.SG) for 359 million Singapore dollars and sell it back after redeveloping it into a hotel and residential complex.
After market close
Keppel Corp. (BN4.SG) invested US$115 million in KrisEnergy Ltd. by subscribing to newly issued shares, giving Keppel Corp. a 20% stake in the company.
Olam International Limited (O32.SG) has tightened guidance on a planned benchmark Singapore dollar bond and is seeking to price it to …