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K-Reit distributes 6.78 cents per unit in 4Q

K-Reit Asia, a Singapore property trust, said its fourth-quarter distribution per unit rose to 6.78 cents from 5.72 cents a year earlier.
 
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STI down 6.78 points to 2,912.52 at 10:30 a.m.; blue chip profit-taking; 2,900 support

Singapore shares seesaw between positive and negative territory in early trade, though largely downward biased as investors digest market’s recent strong run, reported Dow Jones Newswires.

STI last down 0.4% at 2,908.23, with support tipped around 5-day moving average at psychologically important 2,900 mark. Broad market volume thin; market breadth slightly positive with gainers outpacing losers 1.4 to 1.

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