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