On 04/Jan, Singapore shares end higher Tuesday as improved U.S. economic data boost the sentiment of the market.

STI ended higher at 3250.29 (0.4 %) with HIGH VOL of 2.22 billion shares traded compared with 2.17 billion shares Monday. In the broader market, gainers outnumbered losers 304 to 268. Today there are already signs of profit taking and in fact the rally is already weakened.

Headline in STI

Before market close

Global Logistic Properties Ltd. (MC0.SG) plans to purchase a majority stake in China’s Airport City Development which is the sole developer of air side cargo handling and bonded warehouse logistic facilities for Beijing Capital International airport.

CapitaMall Trust’s (C38U.SG) former chief executive, Pua Seck Guan plan to raise S$1 billion IPO through a real estate investment trust in Singapore.

Marco Polo Marine plan to issue TDRs to widen its investor base and ...