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Posts Tagged ‘gains’

STI gains 0.3% to 3,215.59 at 9:35 a.m.

Singapore’s Straits Times Index gained 0.3% to 3,215.59 as of 9:35 a.m. local time. Two stocks rose for each that fell on the 30-member gauge.
 
Shares on the measure trade at an average 15.8 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. 

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STI gains 0.3% to 3,204.27 at closing

Singapore’s Straits Times Index gained 0.3% to 3,204.27 at the close, its highest since May 16, 2008 and an eighth weekly advance. Three stocks rose for every two that fell on the 30-member gauge.

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. The following shares were among the most active in the market. 

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STI gains 0.7% to 3,217.12 at trading break

Singapore’s Straits Times Index gained 0.7% to 3,217.12 as of the 12:30 p.m. trading break, heading for its highest close since May 16, 2008 and an eighth weekly advance. Two stocks rose for each that fell on the 30-member gauge.

Shares on the measure trade at an average 15.8 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.

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STI gains 0.4% to 3,209.31 at 9:50 a.m.

Singapore’s Straits Times Index gained 0.4% to 3,209.31 as of 9:50 a.m. local time. Two stocks rose for each that fell on the 30-member gauge.

Shares on the measure trade at an average 15.8 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. 

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STI gains 0.2% to 3,207.13 at trading break

Singapore’s Straits Times Index gained 0.2% to 3,207.13 as of the 12:30 p.m. midday trading break. Fifteen stocks rose while 13 fell on the 30- member gauge.

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. The following shares were among the most active in the market.

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STI +1%; more participation if gains Hold

Improved appetite for risk suggests Singapore shares expected to end in positive region, says Dow Jones. STI +1.0% at 3180.80, just shade off year-to-date high of 3197, which likely to offer resistance. Market breadth remains at just over 2 gainers for every decliner. 

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STI +0.2%; Gains sustainable near term – DBSV

Singapore shares holding on to gains but not expected to head much higher for rest of session as investors await fresh leads, including corporate earnings due in coming days, says Dow Jones. 

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Golden Agri leads gains in palm oil firms

Shares of Singapore-listed palm oil firm Golden Agri-Resources <GAGR.SI> rose 4.4% to $0.60 on Monday, on prospects for higher demand for palm oil amid concerns of a shortage of soy and corn crop in the U.S.
 
Over 78 million shares had changed hands by 0202 GMT.
 
The U.S. Department of Agriculture slashed its estimates for soybeans and corn crop by 2% and 4% respectively on Friday, due to warmer weather in August. 

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Microsoft, Adobe Merger Seems Unlikely, but Could Bring Gains

Microsoft and Adobe met to discuss a possible merger and the best way to compete with Apple, according to The New York Times. But some analysts see a merger as unlikely. – Microsoft has no comment on rumors that it’s interested in acquiring Adobe
Software, but that hasn’t stopped some analysts from mulling over the
implications of such a move.
quot;Microsoft and Adobe have been around for a very long time, and their
software products can be found on just about ev…


Android Share Gains on Apple iOS, comScore Says

comScore said Google Android ran on 19.6 percent of all smartphones through August. Apple garnered a 24.2 percent share, putting Android within 5 percentage points. – Google’s Android operating system ran on 19.6 percent of
the 55.7 million smartphones through August, putting the platform’s market
share within 5 percentage points of rival Apple iOS, comScore said.
From July to August, Android
ascended 2.6. percent from its 17 percent share of the 53.4 millio…


Mirach Energy gains rights to East Kalimantan coal mine

Mirach Energy says it has gained the rights to produce and sell coal in an open-pit coal mine in Samarinda, the capital of the Indonesian province of East Kalimantan.

The contract area covers 100 hectares and is located near to operational haulage road, stockyard and conveyor loading jetty. The mine produces sub-bituminous coal of caloric value 5100- 5300 Kcal/kg. This type of coal, also known as steam coal, is generally used for power generation.

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STI gains 0.4% to 3,110.21 at the break

Singapore’s Straits Times Index gained 0.4% to 3,110.21 as of the 12:30 p.m. trading break. Three stocks rose for every two that fell on the 30- member gauge.

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.

The following shares were among the most active in the market. Stock symbols are in parentheses after company names.

Genting Singapore Plc (GENS SP), owner of one of two casino resorts in the city-state, climbed 5.4% to $1.96. OCBC Investment Research raised its share-price forecast to $2.38 from $1.85 and maintained its “buy” rating.

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STI gains 0.2% to 3,104.70 at 10:05 a.m.

Singapore’s Straits Times Index gained 0.2% to 3,104.70 as of 10:05 a.m. local time. Two stocks rose for each that fell on the 30-member gauge.

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. The following shares were among the most active in the market.

Genting Singapore Plc (GENS SP), owner of one of two casino resorts in the city-state, climbed 1.6% to $1.88. OCBC Investment Research raised its share-price forecast to $2.38 from $1.85 and maintained its “buy” rating.

 
GMG Global (GGL SP), the Singapore-based owner of rubber plantations in West Africa, advanced 8% to 27 cents. Rubber futures in Tokyo climbed to the highest level in five months as better-than-estimated U.S. economic data boosted investor confidence in global growth.
 
Keppel Corp. (KEP SP), the world’s biggest oil-rig builder, increased 0.6% to $9.03. The company said its Keppel FELS unit got two contracts, valued at about $101 million, to complete and refurbish drilling rigs for Saipem SpA and Ensco Plc.
 
Manufacturing Integration Technology (MIT SP), a supplier of automated equipment for the semiconductor industry, rose 3.6% to 14.5 cents. The company said it won contracts valued at $17.4 million.
 
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STI gains 0.3% to 3,106.03 at closing

Singapore’s Straits Times Index gained 0.3% to 3,106.03 at the close. Two stocks rose for each that fell on the 30-member gauge.

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. The following shares were among the most active in the market.

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STI gains 0.5% to 3,112.65 at trading break

Singapore’s Straits Times Index gained 0.5% to 3,112.65 as the 12:30 p.m. trading break. Three stocks rose for each that fell on the 30-member gauge.

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. The following shares were among the most active in the market. 

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STI gains 0.1% to 3,115.50 at the break

Singapore’s Straits Times Index gained 0.1% to 3,115.50 as of the 12:30 p.m. trading break. Three stocks rose for every one that fell on the 30-member gauge.

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.

The following shares were among the most active in the market.

Genting Singapore Plc (GENS SP), owner of one of two casino resorts in the city-state, declined 3% to $1.96. The company said its president and chief operating officer, Tan Hee Teck, sold 900,000 shares at $2.05 each in the open market. Tan continues to hold 1.15 million Genting shares after the sale.

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STI gains 0.7% to 3,113.46 at closing

Singapore’s Straits Times Index gained 0.7% to 3,113.46 at the close. Three stocks rose for each that fell on the 30-member gauge.

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. The following shares were among the most active in the market. 

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STI gains 1% to 3,123.67 at 12:30 p.m.

Singapore’s Straits Times Index gained 1% to 3,123.67 as of the 12:30 p.m. trading break. Six stocks rose for each that fell on the 30-member gauge.

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. The following shares were among the most active in the market. 

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STI gains 1% to 3,122.18 at 9:37 a.m.

Singapore’s Straits Times Index gained 1% to 3,122.18 as of 9:37 a.m. local time. Just two stocks fell on the 30-member gauge.

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. The following shares were among the most active in the market. 

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STI gains 0.3% to 3,092.68 at closing

Singapore’s Straits Times Index gained 0.3% to 3,092.68 at the close. The gauge increased 0.5% this week, its fifth weekly advance. Almost two stocks rose for each that fell 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.

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