Shares & Derivatives
CapitaMalls Asia Buying 50% Stakes In Two Shanghai Properties For US$789 Mln!
By Dou  •  August 18, 2011

On 18/Aug, Singapore shares ended lower as investors are concern on the Europe’s sovereign debt problems and a slowing U.S. economy.

STI ended lower at 2824.96 (0.1%) with LOW VOL of 1.24 billion shares traded compared with 1.37 billion shares Wednesday. In the broader market, losers outnumbered gainers 316 to 169. Today investors continue to take profit from the STI market as the global economics growth remains gloomy.

Headline in STI

Before market close

Noble Group Ltd. (N21.SG) has established a US$3 billion medium-term note program to raise funds for general corporate purposes.

Olam International Ltd. (O32.SG) and India’s Shree Renuka Sugars Ltd. (532670.BY) have signed a partnership deal for investment in Brazil to work together on new sugar and ethanol projects.

After market close

CapitaMalls Asia Ltd. (JS8.SG) plan to acquire 50% stakes in two properties in Shanghai for a ...

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By Dou
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