On 05/Jan, Singapore shares end higher Wednesday despite resource stocks fall due to weakness in gold and oil prices.

STI ended higher at 3254.25 (0.1 %) with HIGH VOL of 2.03 billion shares traded compared with 2.22 billion shares Tuesday. In the broader market, gainers outnumbered losers 256 to 244. Traders continue to take more profit today as STI struggled to maintain above the 3250 support.

Headline in STI

Before market close

CapitaMalls Asia Ltd. (JS8.SG) plan to commit S$2 billion in new projects in 2011 and expand to 100 shopping malls in China within the next three to five years

STATS ChipPAC Ltd. (S24.SG) plan to raise US$200 million through sale of five-year bonds due 2016 to repay a term loan.

After market close

Wilmar has secured six land sites in China’s Liaoning province worth US$204.4 million in partnership with two Hong ...