On 11/Oct, Singapore shares ended higher helped by easing concerns over the euro-zone debt crisis.

STI ended higher at 2693.05 (0.9%) with regular VOL of 1.5 billion shares traded compared with 1.08 billion shares Monday. In the broader market, gainers outnumbered losers 347 to 135. STI undergo strong buying pressure today as investors turn optimism over the global economics growth.

Headline in STI

Before market close

The new low fare airline planned by Singapore Airlines Ltd. (C6L.SG) hasn’t set a date to begin flights, denying local media reports of an April launch date.

After market close

ST Engineering’s US subsidiary, VT Miltope announced that it has teamed up with General Dynamics C4 Systems for the provision of three military rugged products.

ASL Marine Holdings Ltd. (A04.SG) has secured five vessels contracts worth about $267 million Singapore dollars (US$208 million).

Technical Analysis on STI

Immediate ...