On 18/July, Singapore shares ended higher on a gloomy outlook by U.S. Federal Reserve Chairman Ben Bernanke trumped hopes for further monetary stimulus.

STI ended higher at 3017.21 (0.1%) with LOW VOL of 1.51 billion shares traded compared with 1.71 billion shares Tuesday. In the broader market, losers outnumbered gainers 247 to 144. Today STI undergo profit taking on specific stocks though STI ended slightly higher.

Headline in STI

Before market close

Thai Beverage PCL (Y92.SG) in discussions with Oversea-Chinese Banking Corp. Ltd. (O39.SG) and its insurance unit Great Eastern Holdings Ltd. (G09.SG) about acquiring their stakes in Singapore-listed beverage groups Fraser And Neave Ltd. (F99.SG) and Asia Pacific Breweries Ltd. (A46.SG).

CapitaMall Trust (C38U.SG) 2Q distribution per unit rose 0.8% to 2.38 Singapore cents compared with 2.36 cents a year earlier on the back of ...