On 11/May, Singapore shares end higher Wednesday boosted by strong overnight gain from Wall Street.

STI ended higher at 3177.18 (0.7%) with regular VOL of 1.18 billion shares traded compared with 983.7 million shares Tuesday. In the broader market, losers outnumbered gainers 231 to 213. Although STI gain much higher today but the overall market breadth is worse than yesterday. In fact, the situation for the past 2 days is the similar as investors merely buying up selective stocks.

Headline in STI

Before market close

Singapore Telecommunications Ltd. (Z74.SG) mobile customers of the company and its associates rose 37% from a year earlier to 403 million users across 25 countries as of March 31.

After market close

Noble Group Ltd. (N21.SG) 1Q net profit surged 77% to US$203.2 million compared to US$115 million a year earlier as they logged a strong rise in ...