On 06/Feb, Singapore shares ended higher helped by better-than-expected U.S. jobs data on Friday.

STI ended higher at 2940.10 (0.8%) with HIGH VOL of 3.32 billion shares traded compared with 3.43 billion shares Friday. In the broader market, gainers outnumbered losers 338 to 125. STI undergo heavy buying pressure as bulls went out in force today.

Headline in STI

Before market close

Swiber Holdings Ltd. (AK3.SG) has secured US$216 million in contracts for offshore construction projects and vessel chartering services in South and Southeast Asia.

SembCorp Marine Ltd. (S51.SG) has secured a US$792.5 million drillship design and construction order from Guarapari Drilling BV.

After market close

Noble Group Ltd. (N21.SG) has appointed Yusuf Alireza, who was formerly with Goldman Sachs Group Inc. (GS), as chief executive and that he will start his new role on April 16.

Technical Analysis on STI

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