On 13/Jan, Singapore shares ended higher on successful Italian and Spanish bond auctions.

STI ended higher at 2791.54 (1.8%) with regular VOL of 1.05 billion shares traded compared with 958.3 million shares Thursday. In the broader market, gainers outnumbered losers 301 to 107. Today STI undergo strong buying pressure as investors turn bullish on the market.

Headline in STI

Before market close

Wilmar International Ltd. (F34.SG) has priced a S$250 million five-year bond issue and a S$100 million seven-year bond issue.

City Developments Ltd. (C09.SG) has acquired Thailand Shareholder Investments Ltd. in a deal worth US$157.6 million.

After market close

DBS Group Holdings Ltd. (D05.SG) said that 696 customers have been affected by unauthorized withdrawals.

Technical Analysis on STI

Immediate Resistance of STI: 2856

Immediate Support of STI: 2783

MY sentiment on STI: See market outlook

DBS Compensated 696 Customers In Relation …