On 26/Jan, Singapore shares end higher Wednesday as bargain hunter comes in to take advantage of the recent pullback.

STI ended higher at 3222.78 (1.2%) with LOW VOL of 1.88 billion shares traded compared with 1.79 billion shares Tuesday. In the broader market, gainers outnumbered losers 326 to 177. Today investors merely buy selective bargain stocks and market is trading under low volume. This rally is lack of conviction and the break of  3214 does not mean anything at all.

Headline in STI

Before market close

Spice i2i Ltd. (M09.SG) has acquired Indonesia’s Affinity Group, the owner and manager of mobile phone distributor Selular Group for $175 million.

Starhill Global REIT’s 4Q net property income rose 37% to S$36.7 million from a year ago due to the contribution from Starhill Gallery and Lot 10 in Malaysia, and David Jones Building in Australia, which were ...