Home THE DAILY EDGE Business STI rises 0.1% to 3,254.25 at closing
STI rises 0.1% to 3,254.25 at closing

Tags: Airport City Development Co. | Capitaland | Capitamall Asia | Fed-Ex Corp | Global Logistic Properties | Noble Group | Olam International | Wal-Mart China

Written by Bloomberg   
Wednesday, 05 January 2011 17:43
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STI rises 0.1% to 3,254.25 at closing
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Singapore’s Straits Times Index rose 0.1% to 3,254.25 at the 5 p.m. close. Five stocks rose for every three that fell on the 30-member gauge.

Shares on the measure trade at an average 14.9 times estimated earnings, according to data compiled by Bloomberg. The following shares were among the most active in the market. 
 
Commodity suppliers: The Thomson Reuters/Jefferies CRB Index, which tracks prices of 19 commodities from copper to corn, fell 1.6%, the most since Nov. 16, in New York yesterday.
 
Olam International (OLAM SP), a Singapore-based supplier of agricultural commodities, declined 0.6% to $3.25. Wilmar International.
 
CapitaLand (CAPL SP): Southeast Asia’s biggest developer rose 2.7% to $3.80 after reiterating the “possibility” of a listing in China.


Last Updated on Wednesday, 05 January 2011 17:46