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UOB To Double Cross Border Business Lending!
By Dou  •  October 5, 2011

On 05/Oct, Singapore shares ended lower as investors remain caution over the euro-zone debt crisis.

STI ended lower at 2528.71 (0.1%) with LOW VOL of 1.08 billion shares traded compared with 1.64 billion shares Tuesday. In the broader market, gainers outnumbered losers 245 to 204. Today STI trend directionless under low trading activities as Hang Seng market closed.

Headline in STI

Before market close

Noble Group Ltd. (N21.SG) is considering a spin-off and primary listing of its agriculture business on the main board of the Singapore Exchange.

United Overseas Bank Ltd. (U11.SG) aims to double cross-border business loans in the next three years to tap growth opportunities as companies in the region expand.

Technical Analysis on STI

Immediate Resistance of STI: 2650

Immediate Support of STI: 2523

MY sentiment on STI: STI re-test the critical support at 2523 and close flat today. There are ...

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By Dou
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