Shares & Derivatives
UOB Launches Offshore Yuan Products!
By Dou  •  March 8, 2011

On 08/Mar, Singapore shares end higher Tuesday as the decline of oil prices boost market sentiment.

STI ended higher at 3103.84 (1.2%) with LOW VOL of 1.21 billion shares traded compared with 1.09 billion shares Monday. In the broader market, gainers outnumbered losers 295 to 154.  Today STI rally was helped by the bargain hunters who swoop up stocks which have corrected recently.

Headline in STI

Before market close

Top executives from Singapore Exchange Ltd. (S68.SG) plan to visit Australia this week just days before the company apply for approval of its 8.4 billion Australian dollar (US$8.3 billion) takeover of local market operator ASX Ltd (ASX.AU).

Mapletree Commercial Trust has begun two-week investor education program for its IPO and plan to list on April 8.

United Overseas Bank Ltd. (U11.SG) has launched several offshore products denominated in yuan to meet growing ...

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By Dou
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