On 01/April, Singapore shares end higher Friday as China’s official PMI rose to 53.4 in March from 52.2 in February.

STI ended higher at 3120.47 (0.5%) with LOW VOL of 1.26 billion shares traded compared with 1.25 billion shares Thursday. In the broader market, gainers outnumbered losers 327 to 142.  Today STI re-test the critical resistance at 3120 and boost the sentiment of the investors as they believe on further upside ahead.

Headline in STI

Before market close

ASX Ltd. (ASX.AU) expects Foreign Investment Review Board to extend the process for approval of Singapore Exchange Ltd.’s (S68.SG) 8.4 billion Australian dollar takeovers.

Ascendas Real Estate Investment Trust (A17.SG) has priced its private placement at S$1.94 per unit to raise S$400 million in gross proceeds.

City Developments Ltd. (C09.SG) has joint venture with Camborne Developments Pte. Ltd. to ...