Singapore shares continued to remain in the red zone on Tuesday, tracking regional losses, as markets await key US inflation and jobs data due later this week.

The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,571.83 and 4,603.33 throughout the day. It ended the session at 4,579.73, down 9.44 points or 0.2% compared to Monday's close.

In company news, shares of COSCO Shipping International (Singapore) (SGX:F83) were up nearly 3% at the close as the company completed the piling and construction of the retention tank basin at the Jurong Island Logistics Hub Phase 2.

City Developments (SGX:C09) was up nearly 2% as it agreed to divest its prime waterfront retail asset, Quayside Isle at Sentosa Cove, for around SG$97.3 million.

Meanwhile, SIA Engineering (SGX:S59) resolved to establish a new Innovation & Technology Committee following the dissolution of the Technology Advisory Committee, with effect from Dec. 15.

STI fell 0.2%; CityDev, Golden Agri-Res rose 2%; SATS, OCBC up 1%; Singtel, Seatrium, Sembcorp fell 2%; Nio, SGX fell 1%.