On 20/June, Singapore shares end higher Monday as bargain hunters came in after the recent sell off.

STI ended higher at 3013.60 (0.3%) with LOW VOL of 964 million shares traded compared with 1.11 billion shares Friday. In the broader market, losers outnumbered gainers 204 to 194. Although STI ended higher today, but the overall market breadth ended negative which given up all its gains in the morning.

Headline in STI

Before market close

Keppel Land Ltd. (K17.SG) has received regulatory approval for its joint venture with two Vietnam firms to develop a residential project in Vietnam.

Singapore Technologies Engineering Ltd. (S63.SG) aerospace unit has formed a 50-50 aircraft engine leasing joint venture with Japan’s Marubeni Corp. (8002.TO).

Sembcorp Industries Ltd. (U96.SG) has lost its bid for an Oman power plant project worth about $1.6 billion, as the Middle East nation shortlisted ...