Home THE DAILY EDGE Business STI falls 0.1% to 3,181.15 at closing
STI falls 0.1% to 3,181.15 at closing

Tags: Golden Agri Resources | HSBC Holdings Plc | Keppel corp | Keppel Land | Valuetronics Holding | Wilmar International

Written by Bloomberg   
Tuesday, 25 January 2011 18:17
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STI falls 0.1% to 3,181.15 at closing
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Singapore’s Straits Times Index was fell 0.1% to 3,181.15 at the close. Seven stocks declined for every six that rose in the benchmark index of 30 companies.

Shares on the measure trade at an average 14.5 times estimated earnings, compared with about 15.6 times at the end of 2010, according to data compiled by Bloomberg.The following shares were among the most active in the market. 

Palm-oil producers: Crude palm-oil futures for April delivery fell as much as 1.6% in Kuala Lumpur today, heading for their first decline in three days.

Golden Agri-Resources
(GGR SP), the world’s second- biggest palm-oil producer, slipped 1.4% to 72 cents. Wilmar International (WIL SP), the world’s largest palm-oil trader, declined 1.8% to $5.34. First Resources (FR SP), an Indonesian palm-oil producer, lost 0.7% to $1.42.


Last Updated on Tuesday, 25 January 2011 18:19