On 19/Jan, Singapore shares ended higher after the International Monetary Fund unveiled a plan to boost its lending resources.

STI ended higher at 2811.20 (0.6%) with HIGH VOL of 1.42 billion shares traded compared with 1.24 billion shares Wednesday. In the broader market, gainers outnumbered losers 244 to 132. Today STI went up slightly on moderate buying pressure as investors are unlikely to buy any higher.

Headline in STI

After market close

Ascott Residence Trust (A68U.SG) 4Q distribution per unit fell 15% to 1.83 Singapore cents compared with 2.16 Singapore cents a year ago mainly due to costs incurred on one-time events.

Suntec Real Estate Investment Trust (T82U.SG) 4Q distribution per unit rose 7% to 2.479 Singapore cents compared with 2.316 Singapore cents a year earlier due to higher contributions from jointly controlled units and lower financing costs.

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