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STI gains 0.9% to close at 3,211.12

February 2nd, 2011 | No Comments

Singapore’s Straits Times Index gained 0.9% to 3,211.12 at the close, where the market shut for the afternoon for the Lunar New Year. All but four stocks rose in the benchmark index of 30 companies.

Shares on the measure trade at an average 14.7 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. Stock symbols are in parentheses after the company name.

Commodity suppliers: The Thomson Reuters/Jefferies CRB Index, which tracks prices of 19 commodities from copper to corn, increased 0.2% in New York yesterday, extending its advance for a third day.

STI gains 0.2% to 3,184.74 at closing

February 1st, 2011 | No Comments

Singapore’s Straits Times Index gained 0.2% to 3,184.74 at the close. Four stocks advanced for every three that fell 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.

STI gains 0.3% to 3,188.65 at trading break

February 1st, 2011 | No Comments

Singapore’s Straits Times Index gained 0.3% to 3,188.65 as of the 12:30 p.m. trading break. Two stocks advanced for each that fell in the benchmark index of 30 companies.

Shares on the measure trade at an average 14.6 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.

STI gains 0.4% to 3,193.24 at 9:17 a.m.

February 1st, 2011 | No Comments

Singapore’s Straits Times Index gained 0.4% to 3,193.24 as of 9:17 a.m. local time. All but seven stocks in the benchmark index of 30 companies advanced.

Shares on the measure trade at an average 14.6 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.

STI gains 0.3% to 3,229.69 at closing

January 28th, 2011 | No Comments

Singapore’s Straits Times Index gained 0.3% to 3,229.69 at the close, extending this week’s advance to 1.4%. About the same number of stocks rose and fell in the benchmark index of 30 companies.

Shares on the measure trade at an average 14.7 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.

STI +0.1% midday; Keppel, NOL gains support

January 27th, 2011 | No Comments

The STI is +0.1% at 3224.04 midday, off its early 3208 low, helped by gains in NOL (N03.SG), which is +3.7% at $2.26 after a string of recent declines, and Keppel Corp. (BN4.SG), +3.0% at $12.28, still riding the positive reaction to 4Q results Tuesday.

Volume is modest at 874 million shares worth $817 million, with decliners and gainers evenly matched in the broad market.

STI gains 0.1% to 3,221.93 as of 11:40 a.m.

January 27th, 2011 | No Comments

Singapore’s Straits Times Index gained 0.1% to 3,221.93 as of 11:40 a.m. local time. About the same number stocks rose as fell in the benchmark index of 30 companies.

Shares on the measure trade at an average 14.7 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.

STI gains 1.3% to 3,220.78 at closing

January 26th, 2011 | No Comments

Singapore’s Straits Times Index gained 1.3% to 3,220.78 at the close, its biggest advance since Jan. 3. Five stocks rose for each that fell in the benchmark index of 30 companies.

Shares on the measure trade at an average 14.7 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.

STI gains 0.5% to 3,196.51 at trading break

January 26th, 2011 | No Comments

Singapore’s Straits Times Index gained 0.5% to 3,196.51 as of the 12:30 p.m. trading break in Singapore. Almost two stocks rose for each that fell in the benchmark index of 30 companies.

Shares on the measure trade at an average 14.6 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.

STI gains 0.2% to 3,188.90 at 9:20 a.m.

January 26th, 2011 | No Comments

Singapore’s Straits Times Index gained 0.2% to 3,188.90 as of 9:20 a.m. local time. Two stocks rose for each that fell in the benchmark index of 30 companies.

Shares on the measure trade at an average 14.6 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.

STI off highs; China tightening worries cap gains

January 25th, 2011 | No Comments

Singapore shares are flat at 3187.00 with 1.06 billion shares changing hands worth $905 million and 283 decliners vs 120 gainers.

The benchmark index has pared all of its earlier gains (3207 intraday high) and a lower close is on the cards as caution remains amid lingering worries over the impact of Chinese monetary tightening, and ahead of the FOMC meeting tomorrow in the U.S., analysts say.

STI pares gains by midday; old worries remain – CIMB

January 25th, 2011 | No Comments

Singapore’s STI pares most of its early gains, ending the morning session flattish at 3187.23, off an earlier high of 3207.66, with trade forming a similar pattern to Monday, when an opening gap in the index was filled nearly immediately.

Google`s Schmidt Handing CEO Reins to Page: 10 Gains and Losses

January 24th, 2011 | No Comments

Google CEO Eric Schmidt Jan. 20 gracefully announced he was handing his CEO role to Google Co-founder Larry Page, the man whom Schmidt took over for in 2001. The symmetry is uncanny. One decade ago, Google was at a crossroads. It was growing traffic, but Page and Co-founder Sergey Brin were being hounded by their financial backers to install a leader with business savvy. They ultimately tabbed Schmidt and Google went on to carve out a place in Internet lore that is unmatched. Yet while the company is the undisputed leader in search and search ads, the company is facing steep competition on the mobile Web front from Apple, which is carving out a powerful handheld force with the iPhone and iPad tablet computers. Under Schmidt, Google has delivered Android to counter iPhone and the iPad might. But the other area where Google is significantly more disadvantaged is in social networking, where Facebook is the dominant power. Google reportedly has big plans to infuse its Web applications with social services, but they have yet to materialize under Schmidt, which many see as a failing. In this slide show, eWEEK takes a look at the potential impact of Schmidt turning over control of the multi-billion-dollar company he helped build to Page, who hasn’t led in years. – …

Serbian currency again gains ground

January 24th, 2011 | No Comments

The Serbian dinar has strengthened by 19 paras on Monday, setting the official middle exchange rate at RSD 104.7584 for one euro (EUR). In 2011, the Serbian currency was the strongest on January 19 (104.2150), and weakest on January 6 (106.4947).

STI gains 0.5% to 3,199.09 at trading break

January 24th, 2011 | No Comments

Singapore’s Straits Times Index gained 0.5% to 3,199.09 as of the 12:30 p.m. trading break. About two stocks rose and for each that fell in the benchmark index.

Shares on the measure trade at an average 14.6 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 gained as much as 2.4% in Kuala Lumpur today.

Stocks-up on bargain hunting at midday, Golden Agri leads gains

January 24th, 2011 | No Comments

Singapore shares were 0.47% higher at Monday’s midday break, in line with other Asian bourses as investors bought back shares after last week’s sell-off. Palm oil firm Golden Agri-Resources (GAGR.SI) rose in active trading.

As the lunch break, the Straits Times Index (STI) <.FTSTI> was up 14.89 points at 3,199.49. The total value of shares traded in the morning session was $562.1 million, down from $789.8 million on Friday.

STI gains 0.2% to 3,211.82 at 10:04 a.m.

January 21st, 2011 | No Comments

Singapore’s Straits Times Index gained 0.2% to 3,211.82 as of 10:04 a.m. local time, heading for a 1% decline this week. About the same number of stocks declined and rose in the benchmark index declined.

Shares on the measure trade at an average 14.6 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.

Cosco gives up restructuring speculation gains

January 20th, 2011 | No Comments

Cosco Corp. (F83.SG) opens 4.1% lower at $2.32 on resuming trade after the company says it hasn’t received any proposal that it will receive two shipbuilding assets from its parent company, Cosco Group, if its parent company undergoes a restructure.

STI gains 0.3% to 3,249.58 at closing

January 18th, 2011 | No Comments

Singapore’s Straits Times Index gained 0.3% to 3,249.58 at the close. Three stocks advanced for each that fell in the benchmark equity index of 30 companies.

Shares on the measure trade at an average 14.8 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.

STI gains 0.1% to 3,241.50 at 9:32 a.m.

January 18th, 2011 | No Comments

Singapore’s Straits Times Index gained 0.1% to 3,241.50 as of 9:32 a.m. local time. Three stocks advanced for each that fell in the benchmark equity index of 30 companies.

Shares on the measure trade at an average 14.8 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.