On 25/July, Singapore shares ended lower as U.S failed to reach a weekend agreement to increase the nation’s debt ceiling.

STI ended lower at 3171.55 (0.4%) with regular VOL of 1.14 billion shares traded compared with 1.57 billion shares Friday. In the broader market, losers outnumbered gainers 312 to 167. Although STI fell slightly today but there are signs of buying pressure on dip in the afternoon which indicates that investors remains bullish on the market.

Headline in STI

Before market close

Rotary Engineering has secured 13 contracts originating from Singapore and the region worth S$40 million from April to July this year.

Ramba Energy said that the net potential present worth of its 41 per cent stake in Indonesia Lemang Block is estimated to be around US$193 million.

Singapore Airlines plan to boost capacity on the Singapore-Jakarta route to meet increased demand, with the ...