Singapore's share prices ended 2.33% lower on Tuesday, in line with most Asian peers.

The falls followed sharp losses on the Wall Street overnight and a worse-than-expected manufacturing activity report from China.

China's purchasing managers index fell to 50.4 in October, below the 52.2 recorded in September.

In addition, markets retreated after last week's optimism about Europe's sovereign debt crisis as doubts have surfaced over Greece's willingness to accept the European Union's bailout plan following the nation's surprise call for a referendum on the issue.

Singapore's blue-chip Straits Times Index closed 66.42 points lower at 2,789.35.

In the broader market, losers outnumbered gainers 380 to 112. Overall volume traded was 1.42 billion shares.

Among the losers, Sembcorp Marine slumped 7.8% to end at S$3.89 while Keppel Corp shed 5.2% to close at S$9.00 because of fears that uncertainties in Europe will continue to drag on global markets and dampen crude oil prices. Read More