Shares & Derivatives
Keppel Corp Won 2 Shipbuilding Contracts Worth S$170 Mln!
By Dou  •  March 10, 2011

On 10/Mar, Singapore shares end lower Thursday as China’s unexpected trade deficit for February triggered selling pressure.

STI ended lower at 3075.44 (0.6%) with LOW VOL of 997 million shares traded compared with 1.13 billion shares Wednesday. In the broader market, losers outnumbered gainers 297 to 137.  Today STI continue to pullback as investor cash in for safety due to negative data from China.

Headline in STI

Before market close

Hutchison Port Holdings Trust tightened the marketed price range on its IPO to US$0.99 from US$$1.03 per unit that could raise up to US$6.2 billion.

Moody’s slashed Spain’s sovereign credit rating by a notch to Aa2 and warned of further cuts.

After market close

Global Logistic Properties Ltd. (MC0.SG) will replace SMRT Corp. Ltd. (S53.SG) as the STI component effective March 21.

City Developments Ltd. (C09.SG) has been awarded the tender ...

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By Dou
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