On 11/Jan, Singapore shares end higher Tuesday led by commodities stocks as bargain hunters came in after the recent selloff.
STI ended higher at 3241.49 (0.4%) with HIGH VOL of 2.04 billion shares traded compared with 2.13 billion shares Monday. In the broader market, gainers outnumbered losers 312 to 236. Today this rally is mainly focus on bargain stocks and not the bullishness of overall market. The rally is weak and lack of conviction.
Headline in STI
Before market close
Gloucester Coal Ltd, a subsidiary of Noble Group reported that its coal operations are unaffected by rain that strike the east coast of Australia.
Ezra Holdings Limited launched $10 million maritime training institute, EMAS Academy for teaching advance safety and operational standards in the maritime industry
After market close
Singapore Telecommunications Ltd. (SGAPY) has increased its stake in India’s Bharti Airtel Ltd. (532454.BY) to 32....
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