The Straits Times Index (STI) today
- Traded at 3,431.16,
- Up 13.14 points (0.38 percent) from previous close, at mid-day.
- The market traded on moderate volume of 450.1 million shares traded with 173 gainers and 162 losers as of 12:20pm.
Notable gainers
AA, Magnus Energy, L-Jacoberg, HuanHsin and Ryobi Kiso, with AA leading the pack.Notable losers
AVIC, Europtronic, Zhongxin Fruit, DMX Technologies and M Development, with AVIC leading the pack.Important Stock News
- DBS Group Holdings posted a 15.1 percent gain in net interest income for the fourth quarter ended 31 December 2014, underpinned by higher volume of loans and improved net interest margin.However, a 13.2 percent gain in total expenses to $1.3 billion mainly on the back of higher allowances for credit and other losses, led earnings to sink 13.9 percent to $838 million.
- Dyna-Mac got a letter of award to construct six units of floating production storage and offloading (FPSO) topsides modules from Armada Cabaca, an affiliate of Bumi Armada.
- Singapore Post (SingPost) has acquired an additional 1.8 million shares in the capital of GD Express Carrier (GDEX), an associated company of SingPost that is listed on the main market of Bursa Malaysia, for RM2.4 million (approximately $0.9 million).
- VICOM posted a 3 percent gain in revenue to $108.2 million for the year ended 31 December 2014, supported by higher business volume. Total expenses were up 2.3 percent to $72.5 million, mainly because of a 4 percent expansion in staff costs.
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(STI) ended 1.75 points or 0.05% lower to 3191.04, taking the year-to-date performance to -5.17%. its Singapore stock recommendations which is given by experts.
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