Arab Today, arab today singapore stocks end down 037
Last Updated : GMT 18:31:22
Arab Today, arab today
Arab Today, arab today

Singapore stocks end down 0.37%

Arab Today, arab today

Arab Today, arab today Singapore stocks end down 0.37%

Singapore - XINHUA

Singapore shares closed 0.37 percent lower on Tuesday, as investors waited for Federal Reserve Chairman Bernanke\'s twice-yearly monetary policy report to the Congress on Wednesday and Thursday for more clues on the central bank\'s policy outlook. U.S. retail sales increased 0.4 percent last month, half of the rise market had forecast. The weaker-than-forecast retail sales growth backed the view that the U.S. Federal Reserve will hold off reducing its bond-buying stimulus anytime soon. The slowdown also prompted economists to downgrade their second-quarter growth forecasts to 1 percent increase. Phillip Securities Research said \"we expect the Straits Times Index to consolidate at current levels, with key near term support at 3,200 points levels.\" SIAS Research also said \"we could see the index inching higher in the direction of the 3,270 points with support established at 3, 230 points.\" Singapore\'s benchmark Straits Times Index dropped 11.86 points to 3,224.96 points. Trading volume was 3.32 billion shares worth 1. 02 billion Singapore dollars. Advancers outnumbered decliners 217 to 204, while 530 stocks did not move. Singapore Press Holdings fell 0.9 percent to 4.29 Singapore dollars. Its third-quarter profit was boosted by fair value gain on investment properties, but Maybank Kim Eng Research said the company\'s core media business could continue to be under pressure. The research house thus downgraded the stock to \"hold\" from \"buy\" and cut its target price to 4.50 Singapore dollars from 4.52 Singapore dollars. Keppel Corporation rose 0.7 percent to 10.92 Singapore dollars. It said it won a contract to build a jack-up rig worth 206 million U.S. dollars for a Mexican drilling company Grupo. United Overseas Bank shed 0.5 percent to 20.97 Singapore dollars. It said it had priced its proposed issue of 850 million Singapore dollars non-cumulative, non-convertible perpetual capital securities at 4.90 percent. Among top gainers, Jardine Cycle and Carriage rose 0.6 percent to 4.55 Singapore dollars, while Jardine Strategic became one of the top losers by dropping 0.7 percent to 35.82 U.S. dollars. (1 U. S. dollar equals to 1.26 Singapore dollars)

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today singapore stocks end down 037 Arab Today, arab today singapore stocks end down 037

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today singapore stocks end down 037 Arab Today, arab today singapore stocks end down 037

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 23:13 2017 Sunday ,18 June

New ransomware virus attacking mobiles in Oman
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday