Singapore shares closed 0.08 percent higher, after strong corporate earnings drove Wall Street to another record closing high. The U.S. Standard and Poors’ 500 index rose Cheap Mulberry Bags 0.4 percent to an all-time closing high on Friday. Upbeat earnings news from Microsoft and Amazon.com helped spark a rally in U.S. technology shares. The Federal Reserve’s policy-makers will meet on Oct. 29 and 30, and is expected to hold off any move to scale down its 85 billion U.S. dollars bond-buying program. Investors reckoned policy-makers Hermes Outlet Online want to see the impact of the U.S. budget battle that took the country to the brink of a debt default and caused a partial government shutdown. CIMB Research said “the rebound from 3,122 points is still ongoing but it is now sitting within the 3,198 points and 3,220 points resistance band.” The benchmark Straits Times Index inched up 2.61 Birkin Bag Replica Cheap points to close at 3,207.85. Trading volume was 3.05 billion shares worth 892 million Singapore dollars. Decliners outnumbered advancers 331 to 124, while 499 stocks closed unchanged. Rex International dropped 8.2 percent to 78 Singapore cents. It is proposing to place up to 70 million new shares at the placement price of 75.5 Singapore Gucci Outlet Online cents per share. The Placement Price represents a discount of 9.6 percent to last weighted average price. The company intends to use the net proceeds of about 50.5 million mainly for exploration and drilling activities. Fraser and Neave Limited rose 1.9 percent to 5.79 Singapore dollars. The company said on Sunday it had received a conditional Hermes UK ”eligibility-to-list” from the Singapore Exchange for the listing of its property arm, Frasers Centrepoint Limited. Hi-P International fell 2.2 percent to 67.5 Singapore cents. The electronic components supplier said it expects to miss the profit forecast it made earlier mainly due to an inventory provision of around 4.4 million Singapore Replica Hermes Handbags dollars as a result of a decrease in orders from one of its existing customers. Among the top gainers, Jardine Matheson rose 0.9 percent to 55. 68 U.S. dollars, while Jardine Strategic became one of the top losers by dropping 1.1 percent to 34.25 U.S. dollars. (1 U.S. dollar equals 1.24 Singapore dollars)China on Monday called on the Mulberry Outlet international community to speed up the formulation of guidelines for cyberspace under the lead of the UN in the wake of accusations that the United States intercepted the private communications of 35 world leaders. The eighth meeting of the UN Internet Governance Forum was held from 22 to 25 in Bali Island, Indonesia, noted Foreign Ministry Hermes Replica spokeswoman Hua Chunying at a daily news briefing.