On 05/June, Singapore shares ended higher as investors looked ahead to a forthcoming key policy meeting about Europe

STI ended higher at 2712.31 (0.5%) with LOW VOL of 947.7 million shares traded compared with 1.05 billion shares Monday. In the broader market, gainers outnumbered losers 156 to 137. Today STI merely rebound slightly on weak buying pressure and this rally is lack of conviction.

Headline in STI

Before market close

Tiger Airways Holdings Ltd. (J7X.SG) has finalized a deal to acquire a 40% stake in Southeast Asian Airlines Inc. in the Philippines from existing foreign shareholders at US$7 million in a bid to expand into the rapidly growing market for budget airlines in the region.

After market close

Swiber Holdings Limited has increased the aggregate principal amount of the 6.25 per cent fixed rate notes due 2015 to be issued under its $700 million ...