On 21/Dec, Singapore shares ended higher on strong economic data in the U.S. and Germany.

STI ended higher at 2673.32 (2.3%) with LOW VOL of 602 million shares traded compared with 591 million shares Tuesday. In the broader market, gainers outnumbered losers 247 to 107. Today STI pose a strong rally as investors buy on positive news from US.

Headline in STI

Before market close

Mapletree Logistics Trust (M44U.SG) has priced a 9 billion yen 10-year fixed-rate note issue.

The hospitality unit of CapitaLand Ltd. (C31.SG), The Ascott Ltd., may group its Malaysian assets and list them on the local stock exchange.

After market close

Fraser and Neave Limited will acquire the remaining 49 per cent of the issued share capital of JCS Digital Solutions Pte Ltd (JCSDS) for S$2.8 million.

Technical Analysis on STI

Immediate Resistance of STI: 2679

Immediate Support of ...