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Charter News
STOCKS NEWS SINGAPORE-Shares reverse earlier losses Singapore shares inched higher by midday, reversing earlier losses on bargain hunting in oversold stocks such as Neptune Orient Lines (NOL), but gains were capped by worries over the political turmoil in Greece. The benchmark Straits Times Index (STI) rose 0.2 percent to 2870.58, rebounding from an intraday low of 2,850.61. "The STI touched a key support level near 2,850, its 200-day moving average
STOCKS NEWS SINGAPORE-OCBC cuts Swiber target price
$0.61 from S$0.75 and kept its hold rating, citing the offshore services firm's high net debt.
STOCKS NEWS SINGAPORE-Vessel-builder STX OSV up, preferred bidder eyed
Shares of offshore vessel builder STX OSV Holdings Ltd extended their gain from the previous day on expectation that its parent company will soon announce a preferred bidder for a stake sale in
Re at new low, RBI steps in to keep it below 54/$
The rupee hit a new low today as it closed at 53.96 a dollar amidst a central bank intervention aimed at preventing it from touching the 54-a-dollar level. |
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