On 28/Feb, Singapore shares end lower Monday as uncertainty in the Middle East continued defer investors from entering the stock market.
STI ended lower at 3010.51 (0.5 %) with LOW VOL of 1.50 billion shares traded compared with 1.26 billion shares Monday. In the broader market, losers outnumbered gainers 362 to 171. Today investors continued to take profit on their risky stocks since STI does not seem bullish in short term.
Headline in STI
Before market close
CapitaMall Trust Management Ltd. (C38U.SG) plan to buy a shopping mall–IIluma in Singapore worth S$295 million from Jack Investments Pte. Ltd.
RyanThai Ltd will join the new airline planned by Tiger Airways Holdings Ltd. (J7X.SG) and Thai Airways International Public Co. Ltd. (THAI.TH) as an equity partner. RyanThai will take a 10% equity stake in Thai Tiger Airways Co. Ltd., while Tiger Airways will hold ...
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