On 05/Jan, Singapore shares ended higher though investors took profit on the recent gains.

STI ended higher at 2713.02 (0.07%) with regular VOL of 847 million shares traded compared with 865 million shares Wednesday. In the broader market, gainers outnumbered losers 176 to 157. Today STI close flat as investors profit take on the new year rally.

Headline in STI

Before market close

CapitaLand will be project manager for a lifestyle project in Malaysia’s Iskandar region as part of a collaboration between the two countries.

City Developments Ltd. (C09.SG) has acquired a land site in the Chinese city of Chongqing for CNY540 million.

After market close

DBS Group Holdings Ltd. (D05.SG) said about 200 customers so far have reported unauthorized fund withdrawals in Malaysia and that it is verifying recent transactions made there.

Cosco Corp. (Singapore) Ltd. (F83.SG) has secured a contract worth more than ...