On 26/July, Singapore shares ended higher though investors remains cautious after U.S. President Obama signaled little progress on raising the debt ceiling.

STI ended higher at 3186.57 (0.5%) with HIGH VOL of 1.37 billion shares traded compared with 1.14 billion shares Monday. In the broader market, gainers outnumbered losers 342 to 169. Despite STI rose 0.5% today but the buying pressure remains relatively weak as investors are cautious on the outcome ahead.

Headline in STI

After market close

SIA Engineering Co. Ltd. (S59.SG) 1Q net profit fell 3.8% to S$68.1 million compared with S$70.8 million a year ago due to a government job credit scheme ended and non-operating income fell.

Singapore Technologies Engineering had secured over S$260 million (US$215.4 million) worth of maintenance contracts in the second quarter.

Singapore Airport Terminal Services (SATS) 1Q net profit fell 4.1 ...