Shares & Derivatives
Ezra’s Q1 net profit falls 28%!
By Dou  •  January 12, 2011

   

On 12/Jan, Singapore shares end higher Wednesday as investors remained conscious of several key European bond auctions in this week.  

STI ended higher at 3244.94 (0.1%) with regular VOL of 1.87 billion shares traded compared with 2.04 billion shares Tuesday. In the broader market, gainers outnumbered losers 342 to 196. Today the market continues to swing aimlessly as investors prefer to sideline for uncertainty ahead.    

Headline in STI  

Before market close  

DBS Group Holdings (D05.SG) expects pressure on the bank’s net interest margins to ease in the second half of the 2011.   

After market close  

Ezra Holdings Limited net profit fall 28 per cent to US$13.30 million for the fiscal first quarter compared to a year earlier due to mergers and acquisitions during the period as well as additional overheads from setting up new offices....

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By Dou
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