Shares & Derivatives
Genting Buys Singapore Office Property For S$146 Mln!
By Dou  •  February 1, 2011

On 01/Feb, Singapore shares end higher Tuesday helped by receding fears over the unrest in Egypt.

STI ended higher at 3184.74 (0.2%) with LOW VOL of 1.05 billion shares traded compared with 1.41 billion shares Monday. In the broader market, gainers outnumbered losers 251 to 188. Today STI traded aimlessly under low trading volume and investors keep sidelined on the long holiday ahead.

Headline in STI

After market close

Genting Singapore Ltd. (G13.SG) has acquired an office property in Singapore worth S$146 million to cater for the integrated resort support departments.

United Engineers Limited has sold its UE Print Media Hub for $51 million.

The Hour Glass Ltd 3Q net profit rose 22 per cent to $10.9 million compared to a year earlier.

Technical Analysis on STI

Immediate Resistance of STI: 3214

Immediate Support of STI: 3180

MY sentiment on STI: From the charts, ...

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By Dou
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