AGL 38.09 Decreased By ▼ -0.07 (-0.18%)
AIRLINK 136.34 Increased By ▲ 2.15 (1.6%)
BOP 9.20 Increased By ▲ 0.35 (3.95%)
CNERGY 4.72 Increased By ▲ 0.03 (0.64%)
DCL 8.85 Increased By ▲ 0.18 (2.08%)
DFML 38.34 Decreased By ▼ -1.44 (-3.62%)
DGKC 85.45 Increased By ▲ 0.30 (0.35%)
FCCL 35.15 Increased By ▲ 0.25 (0.72%)
FFBL 76.21 Increased By ▲ 0.61 (0.81%)
FFL 12.66 Decreased By ▼ -0.08 (-0.63%)
HUBC 108.70 Decreased By ▼ -0.75 (-0.69%)
HUMNL 14.73 Increased By ▲ 0.63 (4.47%)
KEL 5.58 Increased By ▲ 0.18 (3.33%)
KOSM 7.96 Increased By ▲ 0.21 (2.71%)
MLCF 40.78 Decreased By ▼ -0.59 (-1.43%)
NBP 70.94 Increased By ▲ 1.24 (1.78%)
OGDC 195.25 Increased By ▲ 1.63 (0.84%)
PAEL 26.96 Increased By ▲ 0.75 (2.86%)
PIBTL 7.46 Increased By ▲ 0.04 (0.54%)
PPL 168.02 Increased By ▲ 4.17 (2.55%)
PRL 26.19 Decreased By ▼ -0.17 (-0.64%)
PTC 20.34 Increased By ▲ 0.87 (4.47%)
SEARL 92.75 Increased By ▲ 8.35 (9.89%)
TELE 7.84 Decreased By ▼ -0.15 (-1.88%)
TOMCL 35.49 Increased By ▲ 1.44 (4.23%)
TPLP 8.91 Increased By ▲ 0.19 (2.18%)
TREET 17.29 Increased By ▲ 0.11 (0.64%)
TRG 59.27 Decreased By ▼ -1.73 (-2.84%)
UNITY 31.02 Increased By ▲ 2.06 (7.11%)
WTL 1.37 No Change ▼ 0.00 (0%)
BR100 10,901 Increased By 125.5 (1.16%)
BR30 32,654 Increased By 420 (1.3%)
KSE100 101,357 Increased By 1274.6 (1.27%)
KSE30 31,488 Increased By 295 (0.95%)

Singapore share prices closed 0.75 percent lower on Tuesday as investors consolidated their positions following five straight sessions of gains, dealers said. The Straits Times Index retreated 23.78 points to 3,158.90. Volume was 1.30 billion shares worth 1.41 billion dollars (927 million US).
Losers beat gainers 436 to 270, with 680 stocks steady. Despite the losses, dealers said they are not worried as this could mark a reversal of the recent market recovery, with some believing that this is in fact a normal part of a stabilisation phase.
"By the looks of it, it is in sync with tough consolidation," said Gabriel Yap, senior dealing director at DMG Partners Securities Pte Ltd. "After a quick fall and some recovery from the fall, for the next two weeks, the market should consolidate ... It's still the normal behaviour," he added.
Most blue chips were lower, with Singapore Telecommunications losing 0.08 dollars to 3.22 dollars and Singapore Airlines down 0.10 to 16.70. Among banks, DBS Group Holdings fell 0.10 to 21.40, United Overseas Bank lost 0.20 to 20.80 and Oversea-Chinese Banking Corp fell 0.05 to 8.60.
Property stocks were mixed with Capitaland slipping 0.10 to 7.40, City Developments down 0.10 at 13.70, while Keppel Land put on 0.05 to 8.90. Construction issues were lower after Indonesia said it may also ban the export of granite to Singapore, having earlier banned sand shipments.
Among construction and building materials companies, Yongnam was down 0.01 at 0.24, CSC Holdings down 0.01 at 0.21 and Lian Beng Group down 0.01 at 0.25. Techs were mixed. Chartered Semiconductor slid 0.02 to 1.48, Creative Technology shed 0.10 to 9.90 but United Test Assembly Center advanced 0.01 to 0.95.

Copyright Agence France-Presse, 2007

Comments

Comments are closed.