Singapore shares posted losses, dampened by weak market sentiment after Greece rejected a bailout package from international creditors in a referendum on Sunday.
At 10:25am (0225 GMT), the Straits Times Index slipped 0.72% to 3,318.55. Market breadth was negative, with 189 decliners outpacing 69 gainers.
United Overseas Bank, Global Logistic Properties, DBS Group Holdings, Singapore Telecommunications, and CapitaLand were among the most active stocks in the market.
Among top gainers were Great Eastern Holdings, Changtian Plastic & Chemical, and China Gaoxian Fibre Fabric Holdings, while Jardine Cycle & Carriage, United Overseas Bank, and DBS Group Holdings led decliners.
ISDN Holdings fell 4.3% to 22.5 cents. The integrated precision engineering and industrial computing solutions provider announced that it is on track to jointly develop the 9.7MW Datara mini-hydropower plant (MHPP), which is estimated to cost US$20 million ($27 million) to build, with the regional government in South Sulawesi, Indonesia. The project will be funded by a combination of debt and equity financing.
Lifebrandz last traded at 0.8 cent on July 3. The brand developer and manager focusing on lifestyle and entertainment sectors requested for a trading halt on its shares pending the release of announcements.
Oxley Holdings traded flat at 43.5 cents. The property developer announced that it sold the rights to the ground rents for the units in Phases One and Two of the Royal Wharf Development in London, for an aggregate price of GBP34.5 million ($72.4 million).
Viking Offshore & Marine last traded at 6.4 cents on July 3. The integrated offshore and marine services provider announced that it has secured a 48-month charter for a second land drilling rig system for US$31 million ($41.8 million) to a Chinese land rig specialist.
Otto Marine last traded at 3 cents on July 3. The offshore marine company announced that its subsidiary Surf Subsea Inc. has obtained a US$26 million ($35 million) term loan agreement from an undisclosed US investment company.
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At 10:25am (0225 GMT), the Straits Times Index slipped 0.72% to 3,318.55. Market breadth was negative, with 189 decliners outpacing 69 gainers.
United Overseas Bank, Global Logistic Properties, DBS Group Holdings, Singapore Telecommunications, and CapitaLand were among the most active stocks in the market.
Among top gainers were Great Eastern Holdings, Changtian Plastic & Chemical, and China Gaoxian Fibre Fabric Holdings, while Jardine Cycle & Carriage, United Overseas Bank, and DBS Group Holdings led decliners.
ISDN Holdings fell 4.3% to 22.5 cents. The integrated precision engineering and industrial computing solutions provider announced that it is on track to jointly develop the 9.7MW Datara mini-hydropower plant (MHPP), which is estimated to cost US$20 million ($27 million) to build, with the regional government in South Sulawesi, Indonesia. The project will be funded by a combination of debt and equity financing.
Lifebrandz last traded at 0.8 cent on July 3. The brand developer and manager focusing on lifestyle and entertainment sectors requested for a trading halt on its shares pending the release of announcements.
Oxley Holdings traded flat at 43.5 cents. The property developer announced that it sold the rights to the ground rents for the units in Phases One and Two of the Royal Wharf Development in London, for an aggregate price of GBP34.5 million ($72.4 million).
Viking Offshore & Marine last traded at 6.4 cents on July 3. The integrated offshore and marine services provider announced that it has secured a 48-month charter for a second land drilling rig system for US$31 million ($41.8 million) to a Chinese land rig specialist.
Otto Marine last traded at 3 cents on July 3. The offshore marine company announced that its subsidiary Surf Subsea Inc. has obtained a US$26 million ($35 million) term loan agreement from an undisclosed US investment company.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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