Shares & Derivatives
Keppel Land 1Q Net Profit Rose 45.5% to S$92.1m!
By Dou  •  April 19, 2011

On 19/April, Singapore shares end lower Tuesday after Standard & Poor’s downgrades its outlook on U.S. government debt which lead to a sell-down of stock markets.

STI ended lower at 3125.37 (0.6 %) with LOW VOL of 1.08 billion shares traded compared with 1.25 billion shares Monday. In the broader market, losers outnumbered gainers 287 to 173. Although STI fall 0.6% today but the volume is low and the market breadth is still relatively OK. This affirms that investors remains bullish on the market and willing to wait for more earnings outcome.

Headline in STI

Before market close

Singapore Exchange Ltd. (S68.SG) 3Q net profit fell 10.2% to S$67 million compared to S$74.6 million a year earlier due to higher expenses from technology investment.

CapitaCommercial Trust (C61U.SG) plans to jointly develop with its parent, CapitaLand Ltd. (C31.SG) on Market ...

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By Dou
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One response to “Keppel Land 1Q Net Profit Rose 45.5% to S$92.1m!”

  1. Jerry says:

    Keppeland triggered and form a bullish piercing formation on the trading charts. Keppeland seems to be looking good and could potentially rebound from here
    next week. what are your sentiments of Keppeland going forward?

    Refer to the technical chart here.
    http://sgsharemarket.com/home/2011/05/kepland-bullish-piercing/

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