On 02/June, Singapore shares end lower Thursday after weak U.S. data inject fear into investors on the global growth.

STI ended higher at 3160.60 (0.4%) with low VOL of 905 million shares traded compared with 949 million shares Wednesday. In the broader market, losers outnumbered gainers 309 to 127. In the morning, STI was under very heavy selling but the pressure eased as the bargain hunters came during the afternoon sessions.

Headline in STI

Before market close

Olam International Ltd. (O32.SG) is planning concurrent rights issue and share placement to strengthen its financial performance and strategic position.

SMRT Corporation Ltd has entered into a Memorandum of Understanding (MOU) with green energy technology company, BYD Company Limited, to distribute and sell electric vehicles in Singapore.

After market close

Neptune Orient Lines Ltd. (N03.SG) has finalized loan agreements totaling US$1.1 billion for 14 container ships it ...