Singapore shares likely to end lower with lingering concerns over global economic prospects prompting players to unload ahead of weekend, according to Dow Jones.

Decliners still outnumbering gainers by more than 2 to 1. STI off 0.5% at 2,931.55, expected to end above 2,900. Overall participation remains low with under 700 million shares changing hands vs 1.94 billion yesterday.

“Moderating earnings and GDP growth in 2H10 are likely to overhang markets near term,” says Deutsche Bank; “Singapore will continue to be a ‘bottom-up’ stock-picking market.”

Research house cites Genting Singapore (G13.SG), Sembcorp Industries (U96.SG), Fraser & Neave (F99.SG) as favourites. Genting off 2.0% at $1.50, Sembcorp off 0.9% at $4.20, F&N off 1.3% at $5.49.