Singapore Stocks Preview june 3 2011, Dyna-Mac, Neptune Orient, Straits Asia : The following companies may have unusual price changes in Singapore trading. Stock symbols are in parentheses, and share prices are from the previous close.
Singapore's Straits Times Index fell 0.4 percent to 3,160.60.
Courage Marine Group Ltd. (CMG SP): The shipping company said it aims to start trading on the main board of the Hong Kong stock exchange on June 24 if the listing application is approved. The bourse's listing committee will consider the company's application at a hearing on June 7, it said. Courage Marine dropped 3.2 percent to 15 Singapore cents.
Dyna-Mac Holdings Ltd. (DMHL SP): The provider of offshore engineering services partly-owned by Keppel Corp. (KEP SP) said it won a contract, valued at S$7 million ($5.7 million), from Keppel Shipyard Ltd. Dyna-Mac lost 0.9 percent to 55 Singapore cents,
Neptune Orient Lines Ltd. (NOL SP): Southeast Asia's biggest container-shipping line said it has signed loan agreements totaling $1.1 billion with various financial institutions to finance the purchase of 14 container ships. The stock fell 1.1 percent to S$1.80.
Singapore Exchange Ltd. (SGX SP): Operator of the city's bourse said derivatives trading volume and equities turnover fell 17 percent last month, from a year earlier. The decline was in line with global markets, it said. Its shares dropped 0.8 percent to S$7.51.
Straits Asia Resources Ltd. (SAR SP): The owner of coal mines in Indonesia had its rating cut to "neutral" from "outperform" at Credit Suisse Group AG. The stock slipped 0.6 percent to S$3.18.
Singapore's Straits Times Index fell 0.4 percent to 3,160.60.
Courage Marine Group Ltd. (CMG SP): The shipping company said it aims to start trading on the main board of the Hong Kong stock exchange on June 24 if the listing application is approved. The bourse's listing committee will consider the company's application at a hearing on June 7, it said. Courage Marine dropped 3.2 percent to 15 Singapore cents.
Dyna-Mac Holdings Ltd. (DMHL SP): The provider of offshore engineering services partly-owned by Keppel Corp. (KEP SP) said it won a contract, valued at S$7 million ($5.7 million), from Keppel Shipyard Ltd. Dyna-Mac lost 0.9 percent to 55 Singapore cents,
Neptune Orient Lines Ltd. (NOL SP): Southeast Asia's biggest container-shipping line said it has signed loan agreements totaling $1.1 billion with various financial institutions to finance the purchase of 14 container ships. The stock fell 1.1 percent to S$1.80.
Singapore Exchange Ltd. (SGX SP): Operator of the city's bourse said derivatives trading volume and equities turnover fell 17 percent last month, from a year earlier. The decline was in line with global markets, it said. Its shares dropped 0.8 percent to S$7.51.
Straits Asia Resources Ltd. (SAR SP): The owner of coal mines in Indonesia had its rating cut to "neutral" from "outperform" at Credit Suisse Group AG. The stock slipped 0.6 percent to S$3.18.
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