On 12/Dec, Singapore shares ended higher as European leaders have agreed to overcome the region’s debt woes.
STI ended higher at 2701.72 (0.3%) with LOW VOL of 617 million shares traded compared with 627 million shares Friday. In the broader market, losers outnumbered gainers 179 to 137. Today STI rally is lack of conviction as the market breadth remains negative despite the index close higher.
Headline in STI
Before market close
SMRT Corp. Ltd. (S53.SG) plans to revise fares for its taxi operation.
Yangzijiang Shipbuilding Holdings Ltd. (BS6.SG) plan to form a joint venture with Qatar Investment Corp to set up YZJ Offshore Engineering Pte Ltd in Singapore and YZJ Offshore Engineering (China) Co. Ltd. in China.
After market close
Neptune Orient Lines Ltd. (N03.SG) average revenue per 40-foot equivalent unit, or FEU, for the four weeks from Oct. …