On 19/July, Singapore shares ended higher on better-than expected US housing data.

STI ended higher at 3028.96 (0.4%) with LOW VOL of 1.24 billion shares traded compared with 1.51 billion shares Wednesday. In the broader market, gainers outnumbered losers 198 to 154. Today STI rally under weak buying pressure as investors sidelined awaiting for more news ahead.

Headline in STI

Before market close

Mapletree Investments Pte. Ltd has raised S$600 million ($477 million) by issuing perpetual securities bearing a 5.125% annual coupon and will use the proceeds to fund general corporate needs.

Thai Beverage PCL (Y92.SG) are buying stakes in Singaporean beverage groups Fraser & Neave Ltd. (F99.SG) and Asia Pacific Breweries Ltd. (A46.SG) for about US$3 billion in a bid to expand their business footprint beyond their Thai home market.

After market close

Suntec Real Estate Investment Trust’s (T82U.SG) 2Q …