Shares & Derivatives
Yanlord secures US$150m credit, prepays US$400m loan!
By Dou  •  July 4, 2011

On 04/July, Singapore shares end higher Monday boosted by good U.S. manufacturing data and further easing of fears over Greece.

STI ended higher at 3153.44 (0.5%) with HIGH VOL of 1.33 billion shares traded compared with 1.1 billion shares Friday. In the broader market, gainers outnumbered losers 291 to 229. Today the market breadth is relatively weak despite of a rally of 0.5%. This affirms that investors began to take profit and do not wish to buy further upwards.

Headline in STI

Before market close

Mapletree Industrial Trust (ME8U.SG)has purchased industrial properties from JTC Corp. for $400.3 million Singapore dollars (US$326.3 million).

Keppel Corp. (BN4.SG) has clinched a rig building contract worth US$184 million from Asia Offshore Drilling Ltd. (AODL.NO).

Global Logistic Properties Ltd. (MC0.SG) has submitted a bid to acquire a portfolio of more than 20 industrial ...

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By Dou
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