Arab Today, arab today singapore stocks end down 075
Last Updated : GMT 02:28:27
Arab Today, arab today
Arab Today, arab today

Singapore stocks end down 0.75%

Arab Today, arab today

Arab Today, arab today Singapore stocks end down 0.75%

Singapore - XINHUA

Singapore shares closed 0.75 percent lower on Tuesday, as investors booked profits from recent strong rallies amid worries that a potential political shake-up could disrupt the Euro-zone\'s efforts to resolve its debt crisis. Spain\'s opposition party on Sunday called for Prime Minister Mariano Rajoy to resign over a corruption scandal, an allegation Rajoy denies, pushing Spanish 10-year bond yields to six-week highs. In Italy, 10-year Italian government bond yields also hit their highest since late December, as chances of former Prime Minister Silvio Berlusconi regaining power raised worries about Rome\'s ability to fix its fiscal problems. OCBC Investment Research said \"the market is looking for an excuse to take profit after recent gains. As we are entering the Chinese New Year, we do not expect a sharp pull back except if corporate earnings disappoint.\" DBS Group Research said for Singapore, the focus continues to be on the earnings season. The research house added that 3,260 point should provide near-term support for Straits Times Index on pullback. Singapore\'s benchmark Straits Times Index fell 24.71 points to 3,272.66 points. Trading volume was 3.57 billion shares worth 1.48 billion Singapore dollars. Decliners outnumbered advancers 364 to 131, while 467 stocks did not move. Wing Tai Holdings rose 1.8 percent to 1.94 Singapore dollars. The retail and property firm said its second-quarter net profit jumped 159 percent to 88.7 million Singapore dollars compared to a year earlier, helped by stronger revenues from residential properties. United Envirotech gained 3.9 percent to 67 Singapore cents. The water treatment and recycling company reported a surge in third- quarter net profit to 8.5 million Singapore dollars, 4.5 times the quarterly net profit a year earlier, boosted by higher engineering and treatment revenues. Among top gainers, Dairy Farm International rose 2.4 percent to 12.90 US dollars, while Jardine Matheson became one of the top losers by falling 3.2 percent to 61.57 U.S. dollars. (1 U.S. dollar equals to 1.23 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 075 Arab Today, arab today singapore stocks end down 075

 



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 075 Arab Today, arab today singapore stocks end down 075

 



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 How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?

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