On 10/May, Singapore shares end higher Tuesday as investors expect moderation in the China monthly inflation data due Wednesday.

STI ended higher at 3157.16 (0.6%) with LOW VOL of 983.7 million shares traded compared with 909.4 million shares Monday. In the broader market, gainers outnumbered losers 278 to 165. Today STI rally under weak volume and poor market breadth. This affirms that investors are turning cautious especially for the tomorrow inflation results.

Headline in STI

Before market close

CapitaLand Ltd. (C31.SG) plan to buy France’s SNC Costes K worth S$117.1 million.

PT Salim Ivomas Pratama Tbk, a unit of Indofood Agri Resources Ltd. (5JS.SG), plan to raise IDR5.37 trillion (US$629 million) in an initial public offering at an indicative price range of IDR1,060 to IDR1,700

After market close

SIA Engineering Co. Ltd. (S59.SG) 4Q net profit fell 17.6% to S$60....