Arab Today, arab today singapore stocks end down 048
Last Updated : GMT 14:57:10
Arab Today, arab today
Arab Today, arab today

Singapore stocks end down 0.48%

Arab Today, arab today

Arab Today, arab today Singapore stocks end down 0.48%

Singapore stocks down
Singapore - XINHUA

Singapore shares closed 0.48 percent lower on Tuesday, hit by a deepening conflict in Iraq and a gas dispute between Ukraine and Russia.
In Iraq, the militants from the Islamic State of Iraq and the Levant have continued to seize a large part of northern Iraq, forcing U.S. President Barack Obama to consider options for military action to support Iraq's besieged government.
Separately, tension in Ukraine also showed no sign of abating as Russia cut off gas to Ukraine on Monday in a dispute over unpaid bills that could disrupt supplies to the rest of Europe and set back hopes for peace between the former Soviet neighbors.
Investors will also wait for the U.S. Federal Reserve's monetary policy statement on Wednesday, when the U.S. central bank is expected to announce it will continue paring its bond purchase program and cut its growth projections.
The benchmark Straits Times Index dropped 15.82 points to close at 3,274.44 points. Trading volume was 1.48 billion shares worth 900 million Singapore dollars. Decliners outnumbered advancers 258 to 152, while 533 stocks closed unchanged.
Among top actives, Vallianz Holdings Limited sank 7 percent to 14.6 Singapore cents. The offshore marine services provider announced a placement of up to 230 million new ordinary shares at the placement price of 13.545 Singapore cents per share.
It has also entered separate share subscription agreements with a number of investors for 170 million shares at the same price.
TT International Limited dropped 2.9 percent to 16.7 Singapore cents. It expects to raise net proceeds of 24.8 million Singapore dollars from a proposed placement of up to 167.3 million new ordinary shares at 15.45 Singapore cents each. The price is a discount of approximately 9.9 percent from the volume-weighted average market price of 17.15 cents per share for trades done on June 13.
Koh Brothers Group Limited inched up 1.6 percent to 31 Singapore cents. It was awarded the construction contract in western part of Singapore, worth approximately 126.5 million Singapore dollars, by Kbd Westwood Private Limited, a Koh Brothers ' joint venture company. The Construction is expected to be completed by June 14, 2017. The construction project is not expected to have a material impact on the group's financial performance for the year ending December 31, 2014
Among the top gainers, United Envirotech rose 4.5 percent to 1. 405 Singapore dollars, whereas Jardine Cycle and Carriage became one of the top losers by falling 1.7 percent to 43.83 Singapore dollars. (1 U.S. dollar equals to 1.25 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 048 Arab Today, arab today singapore stocks end down 048

 



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 048 Arab Today, arab today singapore stocks end down 048

 



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 Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel

GMT 17:28 2017 Thursday ,18 May

Saudi stocks rise in heavy trading

GMT 21:37 2017 Wednesday ,17 May

US Stocks Close Mixed

GMT 04:58 2017 Wednesday ,17 May

Tadawul index gains 0.7%

GMT 06:20 2017 Tuesday ,16 May

Tadawul index climbs 0.6%

GMT 13:43 2017 Monday ,15 May

Oman share index declines marginally
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
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