On 07/Dec, Singapore shares ended higher on hopes that the region’s leadership agree to boost funds to fight the debt crisis.

STI ended higher at 2782.55 (1.2%) with LOW VOL of 1.13 billion shares traded compared with 914.7 million shares Tuesday. In the broader market, gainers outnumbered losers 242 to 109. Today STI rally with strong buying pressure though the volume is relatively low due to holiday seasons.

Headline in STI

After market close

Global Logistic Properties Limited plan the issuance of S$500 million in aggregate principal amount of 5.50 per cent perpetual capital securities.

Tiger Airways Holdings Ltd. (J7X.SG) and Thai Airways International PCL (THAI.TH) have abandoned their proposed joint venture in Thailand.

Singapore government has imposed an additional tax on foreigners and companies will have to pay an extra 10% stamp duty on residential property purchases. Permanent residents buying their second ...