Shares & Derivatives
Armstrong builds 2 auto plants in China over 3 yrs!
By Dou  •  December 22, 2010
On 22/Dec, Singapore shares end higher Wednesday though traders profit take on yesterday’s gains due to uncertainty in the Korean peninsula STI ended higher at 3144.31 (0.1 %) with LOW VOL of 1.10 billion shares traded compared with 801 million shares Tuesday. In the broader market, losers outnumbered gainers 216 to 195. Today STI rally slightly from the support of 3120 but continue to show weakness in the upwards trend. Headline in STI Before market close Sembcorp Marine (S51.SG) has won a contract worth $400 million to construct two rigs for oil and gas offshore drilling contractor Noble Corp. (NE). Keppel Corp. (BN4.SG) has won a contract worth US$180 million to manufacture a jack-up rig for Jasper Investments Ltd. (FQ7.SG). CapitaMalls Asia Ltd. (JS8.SG) plan to buy over Queensbay Mall in Penang, for S$275.6 million. Ho Bee will sell a 9-storey high-tech ......
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By Dou
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