On 24/Mar, Singapore shares end higher Thursday due to firm gain in commodity prices and improved situation on Japan crisis.

STI ended higher at 3043.03 (0.7%) with LOW VOL of 1.32 billion shares traded compared with 1.31 billion shares Wednesday. In the broader market, gainers outnumbered losers 323 to 157.  Today the buying pressure for STI remains weak as investors merely focus on buying commodities stocks due to expectations of further upward in commodity price.

Headline in STI

Before market close

UMS Holdings Ltd. (558.SG) received approval from SGX for its planned dual listing on the KOSDAQ of the Korean Exchange via Korean Depositary Receipts.

Singapore Communications Ltd.’s (SGAPY) Australian unit Optus has rejected amendments released late Wednesday by government on its proposed high-speed broadband network

After market close

The Clementi Mall jointly owned by Singapore Press Holdings, NTUC Income and NTUC FairPrice has ...