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KepCorp 4Q net profit rose 11% to S$389M!
By Dou  •  January 26, 2012

On 26/Jan, Singapore shares ended higher as as investors cheered on news that the U.S. Federal Reserve would keep interest rates low until late 2014.

STI ended higher at 2894.43 (0.1%) with HIGH VOL of 1.35 billion shares traded compared with 1.30 billion shares Wednesday. In the broader market, gainers outnumbered losers 210 to 170. Today investors began to take profit on the overbought market though they remains bullish on the market.

Headline in STI

After market close

Keppel Corp. Ltd. (BN4.SG) 4Q net profit rose 11% to S$389 million compared with S$352 million a year earlier due to contribution from its property business, even as its main rig building business reported lower profit.

First Reit 4Q distribution per unit rose 121.8% to 1.93 cents compared with 0.87 cents a year earlier boosted by the total gain on divestment of the ...

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By Dou
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