On 27/Dec, Singapore shares ended lower as Shanghai market falls to new 33-month low.

STI ended lower at 2673.62 (0.1%) with LOW VOL of 372.5 million shares traded compared with 405.1 million shares Friday. In the broader market, losers outnumbered gainers 145 to 143. Today STI trend sideways on directionless market and finally ended slightly lower.

Headline in STI

Before market close

Wilmar International Ltd. (F34.SG) plan to buy the 1.61% interest in Wilmar China Ltd. it doesn’t already own from the Kuok Group for HK$1.9 billion ($248.6 million).

After market close

COSCO Corporation (Singapore) Limited has secured a contract to convert one large crude carrier tanker, MT ‘Sunrise Jewel’, to a floating production storage and offloading (FPSO) vessel for a Japanese ship-owner.

Midas Holdings Limited has secured three contracts worth a total of 142.2 million yuan (US$22.24 million) to ...