Wednesday, January 21, 2015

Highlights

  • SINGAPORE share prices opened higher on Wednesday with the Straits Times Index up 4.93 points to 3,338.95.
  • Oil rebounded in Asia on Wednesday as traders bought the commodity at cheaper prices following a slide to near six-year lows, analysts said.
  • A world-beating rally in Chinese equities is boosting derivatives revenue at the Singapore Exchange, spurring analysts to predict the first quarterly profit growth for Southeast Asia's biggest bourse in more than a year.
  • Ezion Holdings' 42% fall from its $2.02 high has priced in concerns about potentially lower demand for the company's liftboats amid weaker oil prices, according to Maybank Kim Eng.
  • CAPITACOMMERCIAL Trust, a real estate investment trust (Reit) holding central business district (CBD) offices, reported on Wednesday morning before trading hours a distribution per unit (DPU) of 2.15 cents for its fourth quarter ended Dec 31, 2014, up 2.9 per cent from 2.09 cents a year ago.
  • Shares in Keppel Corp and its property unit Keppel Land have been halted ahead of the market's open on Wednesday pending an announcement.

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