Singapore’s Straits Times Index gained 0.8% to 3,207.91 as of the close of trading. Twenty-eight stocks advanced and one fell in the benchmark equity index of 30 companies.
Shares on the measure trade at an average 15.7 times estimated earnings, compared with about 17.4 times at the beginning of the year, according to data compiled by Bloomberg.
Singapore’s Straits Times Index gained 0.2% to 3,143.80 as of the 12:30 p.m. close, trimming this week’s decline to 0.3%. The market shut early today for Christmas Eve. Two stocks advanced for each that fell in the benchmark equity index of 30 companies.
Shares on the measure trade at an average 15.3 times estimated earnings, compared with about 17.4 times at the beginning of the year, according to data compiled by Bloomberg.
Singapore’s Straits Times Index gained 0.2% to 3,139.85 at the close. Two stocks rose for each that fell in benchmark equity index of 30 companies.
Shares on the measure trade at an average 15.3 times estimated earnings, compared with about 17.4 times at the beginning of the year, according to data compiled by Bloomberg.
Crossings of Mali Zvornik (new bridge) and Ljubovija, on the border with RS, Bosnia, have been closed due to the flooding of the Drina River.
The Customs Directorate advised travelers use the Sremska RaÄa crossing instead, until the water level of the Drina stabilizes.
Jurong Aromatics Corporation’s (JAC) US$1.56 billion ($2.1 billion) financing deal to build its Singapore petrochemicals plant has closed oversubscribed with 11 banks committing to the syndicated portion, banking sources said on Tuesday.
Jurong Aromatics Corporation’s (JAC) US$1.56 billion ($2.1 billion) financing deal to build its Singapore plant has closed oversubscribed with 11 banks committing to the syndication, banking sources said on Tuesday.
Protesting farmers have closed freight and bus traffic on two border crossings between Serbia and Hungary. Passenger vehicles are however crossing the border at Bezdan-Most and BaÄki Breg with no delays.
Heng Long International, one of the world’s five top-tier tanneries of crocodilian leather, increased its net profit attributable to shareholders for the 3 months ended 30 September 2010 (3QFY2010) by 186.6% to $1.2 million from $0.4 million in 3QFY2009. The strong performance is attributable to the overall improvement in the global luxury goods industry.
Revenue improved 60.6% y-o-y to $13.1 million in 3QFY2010, an increase from $8.2 million in 3QFY2009. The increase is attributable to the continued improvement of the global luxury goods industry. In tune with the rising revenue, gross profit increased by 65.2% from S$1.7 million in 3QFY2009 to $2.8 million in 3QFY2010.
Android exited the third quarter with 19 percent smartphone market share, with BlackBerry OS and Apple iOS grabbing 30 percent and 28 percent, respectively, Nielsen said. – Google’s Android operating system topped out at 19 percent market share for
the third quarter, while Apple iOS and BlackBerry are virtually tied for second
place, according to fresh stats from Nielsen.
Nielsen said Apple’s iPhone OS reached 28 percent share.
RIM BlackBerry OS, which just months…
The two-day session of the General Assembly of the Association of the Balkan News Agencies – Southeast Europe (ABNA-SE) hosted by Tanjug in ended in Belgrade. The Saturday meeting between the directors and editors-in-chief of the Balkan news agencies and Serbian Prime Minister Mirko Cvetković marked the end of the gathering.
Hu An Cable Holdings says its TDRs closed 7% higher at NT$14.55 ($0.621) with 38 million shares traded.
As each TDR represents 1.25 shares in the SGX, the closing price equates to $0.496 or a premium of 25.6% over the closing price of its one Singapore share.
A total of 120 million TDRs were issued at NT$13.60 by the China-based wire and cable manufacturer.
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Mapletree Industrial Trust (MIT), the Singapore-focused real estate investment trust (REIT) and one of the largest landlords of industrial space in Singapore, enjoyed a strong trading debut at 2.00 p.m. today on the Mainboard of Singapore Exchange.
The IPO raised gross proceeds of $1.19 billion from the offering of 594,913,000 units to the public and under the placement tranche, as well as the Mapletree cornerstone subscription units and the cornerstone units (as defined below).
Midas Holdings, the manufacturer of aluminium alloy extrusion products for the passenger rail transportation sector in China, today gained 7.4% to close at HK$5.83 (98.5 cents) on its first trading on the Mainboard of the Stock Exchange of Hong Kong Limited (SEHK).
Midas IPO offer price was HK$5.43.
Active trade was registered, with 70.5 million shares changing hands, representing an aggregate turnover of approximately HK$417 million. Midas closed $1.01 in Singapore today.
During the bidding war, 3PAR’s stock shot up from $9.65 on Aug. 16 to more than $32 per share in early September. – Hewlett-Packard reported Sept. 27 that it has closed the $2.35
billion acquisition deal announced Sept. 2 on Labor Day weekend for
utility storage vendor 3PAR.
HP and Dell had competed in a furious 10-day bidding war that started Sept. 23,
when HP tendered an unsolicited bid of $1.6 billion …
Singapore’s Straits Times Index fell 0.4% to 3,083.13 at the close. Three stocks dropped for each that rose on the 30-member gauge.
Shares on the measure trade at an average 15.1 times estimated earnings, compared with about 17.4 times at the beginning of the year, according to data compiled by Bloomberg.
The following shares were among the most active in the market. Stock symbols are in parentheses after company names.
IBM has announced the closing of two acquisitions: Sterling Commerce and Storwize. The Sterling Commerce deal was for $1.4 billion; details of the Storwize deal were not disclosed. – IBM has announced the closing of two acquisitions:
Sterling Commerce and Storwize.
On Aug. 27, IBM announced the closing of its $1.4
billion acquisition of Sterling Commerce from AT amp;T. The addition of
Sterling Commerce expands IBM’s ability to help clients accelerate their
interactions with…
Storage specialist Avere, maker of the FXT Series solid-state storage and traditional spinning media appliances, brings in $17 million in funding. – Avere Systems, a company specializing in Demand-Driven Storage
solutions, announced that investors have contributed an additional $17
million in funding bringing total investment in the company to $32
million and enabling it to expand production and distribution of its
FXT Series appliances that…
Singapore’s Straits Times Index gained 0.4% to 2,844.35 at the close. Four stocks gained for each that dropped on the 30-member gauge.
Shares on the measure trade at 14 times estimated earnings, compared with about 17.5 times at the beginning of the year, according to Bloomberg data. The following shares were among the most active in the market.
Jadason Enterprises, the distributor of machines and materials for the printed circuit board (PCB) and semiconductor industries, posted a 257% increase in profit after tax of $1.5 million for 1Q 2010 compared to $0.4 million in 1Q 2009 on the back of a stronger performance from the Manufacturing and Support Services business.
Jadason Enterprises, the distributor of machines and materials for the printed circuit board (PCB) and semiconductor industries, posted a 257% increase in profit after tax of $1.5 million for 1Q 2010 compared to $0.4 million in 1Q 2009 on the back of a stronger performance from the Manufacturing and Support Services business.
