On 13/April, Singapore shares end higher Wednesday boosted by the decline of oil prices

STI ended higher at 3172.08 (1.1%) with LOW VOL of 1.45 billion shares traded compared with 1.24 billion shares Tuesday. In the broader market, gainers outnumbered losers 332 to 144.  Today STI rally mainly on transport and property company thus the overall market breadth is not really good despite 1.1% up.

Headline in STI

Before market close

CapitaMalls Asia Ltd. (JS8.SG) has agreed to joint venture with Japan’s Parco Co. Ltd. (8251.TO) to explore business collaborations in China and Japan.

Singapore Airlines Ltd. (C6L.SG) plans to reduce two of its seven weekly non-stop flights to Los Angeles next month due to lower demand.

Hyflux Ltd. (600.SG) plans to offer up to S$200 million in aggregate liquidation preference shares.

After market close

Sembcorp Industries plan to construct water ...