Shares & Derivatives
SPH Q1 net profit fall 29.3% to $102.3m!
By Dou  •  January 14, 2011

On 14/Jan, Singapore shares end lower Friday as Singapore government tighten policy to cool down rising prices in the housing market.

STI ended lower at 3245.96 (0.3%) with regular VOL of 1.90 billion shares traded compared with 2.06 billion shares Thursday. In the broader market, losers outnumbered gainers 328 to 184. Today investors focus on selling the property related stocks which causes the STI to close lower.

Headline in STI

Before market close

China Gaoxian fell as much as 10.1 per cent after it said that it will issue 30 million Korean Depository Receipts (KDRs) at S$0.405 per new share.

An undisclosed investor sold 24 million shares (4.7 % stake) in Raffles Medical for $2.26 per share.

SC Global Developments Ltd acquired 100,000 of its shares at S$1.62 in the open market.

After market close

Sound Global Ltd has won a ...

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By Dou
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