On 02/Feb, Singapore shares end higher Wednesday after Dow Jones roar above 12000 for the first time since June 2008 due to improved manufacturing data.

STI ended higher at 3211.12 (0.8%) with LOW VOL of 939.9 million shares traded compared with 1.05 billion shares Tuesday. In the broader market, gainers outnumbered losers 356 to 72. Today STI has performed a fantastic rally as the overall market got a strong uplift. Moreover the trading volume is not weak since it managed to go close to a billion shares in half day session.

Headline in STI

Before market close

Singapore Exchange Ltd. (S68.SG), Bursa Malaysia Bhd. (1818.KU), the Philippine Stock Exchange Inc. (PSE.PH) and the Stock Exchange of Thailand plan to develop a trading link which is expected to go live by the end of 2011.

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