On 26/May, Singapore shares end higher Thursday boosted by a rebound on Wall Street and rising commodity prices.

STI ended higher at 3123.70 (0.2%) with regular VOL of 1.13 billion shares traded compared with 1.23 billion shares Wednesday. In the broader market, losers outnumbered gainers 206 to 204. Another weak rally today as the market breadth remains negative despite index going higher.

Headline in STI

Before market close

Informatics Education net profit fall 35% to S$2.56 million for the full year compared to S$3.96 million the year ago due to lower student recruitment numbers.

Mapletree Logistics Trust (M44U.SG) has signed a contract to purchase a property in South Korea for KRW75.6 billion ($68.6 million).

Cosco Corp. (F83.SG) has won a contract to build two jack-up rigs worth US$356 million from KS Energy Pte. Ltd. (578.SG).

After market close

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