On 20/June, Singapore shares ended higher on hopes for economic stimulus from the U.S. Federal Reserve and a similar policy move in Europe.

STI ended higher at 2855.68 (0.5%) with LOW VOL of 1.34 billion shares traded compared with 1.14 billion shares Tuesday. In the broader market, gainers outnumbered losers 205 to 131. Today STI rally with weak buying pressure as investors are merely buying specific stocks.

Headline in STI

After market close

Olam International Ltd. (O32.SG) chief financial officer Krishnan Ravi Kumar has resigned to pursue a new career outside the agricultural commodities sector.

Units of Malaysia’s Genting Bhd. (3182.KU) have taken a combined 9.9% stake in Echo Entertainment Group Ltd. (EGP.AU) for about 295.1 million Australian dollars ($301.2 million) in a move that puts the Malaysian gaming group on near-level terms with billionaire James Packer, who is ...