On 05/April, Singapore shares end higher Tuesday as SGX lead the rally after investors rushed to buy its shares.

STI ended higher at 3146.75 (0.2%) with regular VOL of 1.30 billion shares traded compared with 1.35 billion shares Monday. In the broader market, gainers outnumbered losers 221 to 251. Although STI ended positive but the overall market breadth is negative as investors profit take on recent gains.

Headline in STI

Before market close

Singapore Exchange Ltd. (S68.SG) has received notification that Australian Treasurer is “disposed to reject the proposed merger” with ASX Ltd. (ASX.AU).

After market close

Wilmar International Ltd. (F34.SG) plan to launch US$1.5 billion in syndicated revolving credit facilities.

China’s central bank raised interest rates for the fourth time since October to bring the stubbornly high inflation under control. Benchmark one-year deposit rates will be lifted by 25 basis points ...