On 21/Oct, Singapore shares ended higher boosted by better than expected U.S. business activity data.

STI ended higher at 2712.41 (0.7%) with LOW VOL of 930.1 million shares traded compared with 1.06 billion shares Thursday. In the broader market, gainers outnumbered losers 247 to 148. Today STI perform a weak rally with low trading volume which affirms that this rally is lack of conviction. Majority of investors are still sidelined to await for more news.

Headline in STI

Before market close

Mapletree Logistics Trust (M44U.SG) 3Q distribution per unit rose 9.7% to 1.69 Singapore cents compared with 1.54 Singapore cents a year earlier due to contributions from acquisitions and organic growth.

Frasers Centrepoint Trust (FCT) 4Q distribution per unit (DPU) rose 8.8 per cent to 2.35 cents from a year ago.

After market close

CapitaLand Ltd.’s (C31.SG) ...