Thursday, May 16, 2013

STI on Balance, Noble Down SGX Live

SGX stock keep steady state, besides it Noble Group Ltd fell down due to weak first-quarter results.
STI keep flat while MSCI's broadest index get up 0.2%.
Noble' equities fell 2.3% to S$1.07.

Noble report negative image by posting a 62% fall in first-quarter results.
Ezion Holdings Ltd's shares also rise 4.4% to remarked high S$2.39.

DBS Vickers kept its "buy" rating on the stock and upgraded its target price to S$2.52 from S$2.47.

Yongnam Holdings Ltd's equities rose 6.1 percent to S$0.35, the highest since November 2007, after the company posted a marginal rise in first-quarter net profit.

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