Friday, April 19, 2013

SGX Index down with Keppel Corp

SGX keeps falling status. Its Shares down little more on today. Keppel Corp Ltd suffers 3 Month low parallely with world's largest offshore oil rig builder's drop.
The STI was record droped 0.1% at 3293.40 points. Beside it, MSCI index get gained 0.6%.
Keppel Corp's Equities down upto 2% with S$ 11.03, lowest since Jan 2013. It get changed with 4.3 million shares hand by keeping top traded stock with value.
Keppel Corp noticed 56% drop in her net profit with a year before S$331million. Brokers are bulllish on it and kept as buy ratings.
With the pressure of competitive aspects, Keppel Corp's solid position re-force confidence. It predicted thst raising its target price to S$12.85 from S$12.80.

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