Shares & Derivatives
SingTel’s Optus prices US$73.16m fixed rate note issue due 2018!
By Dou  •  November 24, 2011

On 24/Nov, Singapore shares ended flat as market trend directionless amid a holiday pause in the U.S.

STI ended flat at 2677.15 (0.02%) with regular VOL of 1.314 billion shares traded compared with 1.26 billion shares Tuesday. In the broader market, losers outnumbered gainers 196 to 144. STI swing sideways today though some investors prefer to take profit ahead.

Headline in STI

After market close

Singapore Telecommunications Limited unit, SingTel Optus Pty Ltd (Optus) has priced an A$75 million (US$73.16m), seven year fixed-rate note issue which will be issued on Dec 5, 2011.

CapitaLand Limited announced the incorporation of CapitaLand Xinye (Hangzhou) Real Estate Development Co Ltd with a registered capital of US$180 million.

Technical Analysis on STI

Immediate Resistance of STI: 2679

Immediate Support of STI: 2649

MY sentiment on STI: STI re-test the critical resistance at 2679 today but failed to sustain ...

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By Dou
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