STOCKS NEWS SINGAPORE-Index flat, rigbuilders weigh
Keppel Corp was the most actively traded stock by value in the Singapore market on Tuesday. Shares of the world's largest oil rig builder fell as much as 1 percent to a two-month low of S$11.22, making it one of the worst performers on the index. About 3.9 million shares were traded, matching the average full-day volume traded over the past 30 days.
Keppel's rival Sembcorp Marine also underperformed the market. Sembcorp Marine shed as much as 1.6 percent to S$4.40, the lowest in a month.
"The drop in share prices could be seen as the profit-taking phase for the offshore and marine sector," a trader said.
(firstname.lastname@example.org)(+6564035659)(Reuters... read more
- 11:42 Kevin van Veen sets goal target for next season - and says...
- 11:35 Suicide bomber targets Afghan civil servants' bus in Kabul
- 11:35 Gunmen attack school in Pakistan, one dead - police
- 11:21 U.S. oil delegation to visit Iran this week - Iranian official
- 11:20 Is Axial Seamount erupting? Seafloor off the coast of Oregon has...
- 11:17 PAPER REVIEW: Man Utd's De Gea DEAL, Chelsea boss' OUTBURST,...
- 10:57 UBS and Credit Suisse could combine investment banks - investor
- 10:48 Arsenal "enter contract talks with Tomas Rosicky and Mathieu...
- 10:20 Arsene Wenger outlines summer transfer philosophy for Arsenal
- 09:31 Manchester United transfer gossip: De Gea staying and Depay swap...