On 04/Mar, Singapore shares end higher Friday as investors are optimism on the U.S. jobs data due later today.

STI ended higher at 3061.31 (0.8%) with LOW VOL of 1.2 billion shares traded compared with 1.3 billion shares Thursday. In the broader market, gainers outnumbered losers 264 to 181.  STI perform a weak rally today with low volume as investors continued to sideline due to fears on rising oil prices.

Headline in STI

Before market close

Noble Group Ltd. (N21.SG) plans to raise S$625 million in net proceeds by selling 306.5 million new ordinary shares at S$2.07 each and use the proceeds for general corporate purposes.

A key Australian lawmaker agreed on the proposed US$7.7 billion Singapore Exchange bid for the Australian exchange and stress that Australia should not be afraid of foreign capital.

Technical Analysis on STI

Immediate Resistance of ...