On 19/June, Singapore shares ended higher on hopes that U.S. policy makers could act to prop up the sagging global economy.

STI ended higher at 2842.41 (0.6%) with LOW VOL of 1.14 billion shares traded compared with 1.07 billion shares Monday. In the broader market, gainers outnumbered losers 214 to 114. Today STI rally under moderate buying pressure as investors remains bullish.

Headline in STI

After market close

Olam International announced it has with Blommer Chocolate Company – the largest cocoa processor and ingredient chocolate supplier in North America – formed a 50:50 joint venture, GrowCocoa.

STX OSV Holdings Ltd. (MS7.SG) has secured two contracts worth NOK700 million ($117.4 million) to design and build two platform supply vessels for Farstad Shipping ASA (FAR.OS).

Yangzijiang Shipbuilding (Holdings) Ltd is disposing of its entire 31.5 per cent stake in Wuxi Runyuan Technology Microfinance ...