On 18/April, Singapore shares ended higher on positive news from Europe and strong U.S. corporate earnings.

STI ended higher at 3000.58 (0.5%) with LOW VOL of 1.67 billion shares traded compared with 2.12 billion shares Tuesday. In the broader market, gainers outnumbered losers 228 to 162. Today STI rally on weak buying pressure despite the tension has eased on positive news from U.S.

Headline in STI

Before market close

CapitaMall Trust Management Ltd. (C38U.SG) 1Q distribution per unit edged up 0.4% to 2.30 Singapore cents compared with 2.29 cents a year earlier as higher rentals were offset by renovation works on one of its shopping malls.

Neptune Orient Lines Ltd. (N03.SG) has mandated banks for a US$1.5 billion medium-term note program.

After market close

Keppel Land Ltd. (K17.SG) 1Q net profit surged 70% to S$141.9 million ...