Shares & Derivatives
Global Logistic 2Q net profit doubled to US$74.2 million!
By Dou  •  November 29, 2010
On 29/Nov, Singapore shares end flat Monday as market continues to be troubled by the tensions caused by the Koreans. STI ended flat at 3158.21 (0.1%) with LOW VOL of 1.15 billion shares traded compared with 1.16 billion shares Friday. In the broader market, losers outnumbered gainers 251 to 200. Today STI remains trending directionless at low trading volume as investors sidelined on uncertainty ahead. Headline in STI Before market close FJ Benjamin plans to bring its in-house brand Raoul to New York and Paris, and expects the line to start contributing to its profits in 12-18 months. Suntec REIT plans to raise S$428.8 million at an issue price of between S$1.34 and S$1.38 per unit through a private placement to fund part of its purchase in Marina Bay Financial Centre. After market close Global Logistic Properties Ltd. (MC0.SG) 2Q net profit ......
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By Dou
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