Shares & Derivatives
Keppel Corp 4Q Net Profit Rises 17%; Plan Bonus Issue!
By Dou  •  January 25, 2011

On 25/Jan, Singapore shares end lower Tuesday as market slipped on possible monetary tightening concerns in China.

STI ended lower at 3181.15 (0.1%) with LOW VOL of 1.79 billion shares traded compared with 1.46 billion shares Monday. In the broader market, losers outnumbered gainers 361 to 126. Today STI undergo overall market heavy selling pressure at increased volume as investors sells on possible policy tightening ahead.

Headline in STI

After market close

Keppel Corp. (BN4.SG) 4Q net profit rose 17% to S$403 million compared with S$343 million a year ago due to better contribution from the offshore and marine division. Keppel also plans for bonus issue of one share for every 10 held.

SIA Engineering Co. (S59.SG) 3Q net profit increase 7.7% to S$60.3 million compared with S$56 million a year earlier boosted by aircraft maintenance, repair and overhaul work.

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By Dou
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