On 19/April, Singapore shares ended higher though investors adopted a conservative approach in the run-up to Spain’s bond auctions

STI ended higher at 3009.92 (0.3%) with LOW VOL of 2 billion shares traded compared with 1.67 billion shares Wednesday. In the broader market, gainers outnumbered losers 193 to 177. Today STI continue to trade sideways and rally on weak buying pressure.

Headline in STI

Before market close

Neptune Orient Lines Ltd. (N03.SG) has priced a S$400 million ($320 million) issue of five-year bonds.

After market close

Keppel Corp. (BN4.SG) 1Q net profit more than doubled to S$750.8 million compared with S$311.5 million a year earlier mainly because of the recognition of earnings from homes sold under a deferred-payment scheme at the group’s Reflections at Keppel Bay development.

Cosco Corp. (Singapore) Ltd. (F83.SG) has secured a construction contract with Energy Drilling Pte. Ltd. ...