On 29/June, Singapore shares ended higher on news that euro-zone leaders agreed to measures aimed at stabilizing volatile markets.

STI ended higher at 2878.45 (1.1%) with regular VOL of 1.62 billion shares traded compared with 1.4 billion shares Thursday. In the broader market, gainers outnumbered losers 292 to 80. Today STI undergo heavy buying pressure as investors turned bullish on the good news from Europe.

Headline in STI

Before market close

DBS Group Holdings Ltd. (D05.SG) has raised the size of its existing U.S. commercial paper program to $15 billion from $5 billion at present.

Golden Agri-Resources Ltd. (E5H.SG) has formed a transportation joint venture with a partnership firm of Stena Bulk and Weco.

After market close

STX OSV Holdings Ltd. (MS7.SG) has secured contracts worth about NOK500 million ($83.5 million) to build two platform supply vessels for Island Offshore Group.

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