Shares & Derivatives
NOL May 7-June 3 FEU Down 8% On Year!
By Dou  •  June 27, 2011

On 27/June, Singapore shares end lower Monday as investors remain caution ahead of this week’s Greek parliamentary vote on austerity measures.

STI ended lower at 3048.28 (0.6%) with LOW VOL of 839.9 million shares traded compared with 993.9 million shares Friday. In the broader market, losers outnumbered gainers 240 to 141. Today STI merely undergo profit taking with low selling pressure as traders await for more news ahead.

Headline in STI

Before market close

Neptune Orient Lines Ltd. (N03.SG) will charter five container ships to Mitsui O.S.K. Lines Ltd. (9104.TO) from an order for 12 new vessels.

After market close

Neptune Orient Lines (N03.SG) average revenue per 40-foot equivalent unit for the May 7 to June 3 period fell 8% to US$2,557 per FEU compared with US$2,768 per FEU a year earlier.

Global Logistics Properties Limited (GLP) has signed a pact ...

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By Dou
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