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Singapore Market News 2016-01-06

Posted on January 6, 2016 by The Valumetrics Team — Leave a comment

Daily Summary

SINGAPORE : The FSSTI lost 0.1% to close at 2,834.23
after testing the intraday low of 2820.42 as Asian shares retreated in choppy trade on Tuesday. Tiger Airways jumped 9.8% to close S$0.450 after its biggest shareholder Singapore Airlines raised a buyout offer for its stakeholders at S$0.45 per share, following a call by a lobby group for South-east Asia’s largest carrier to sweeten its bid. The broader market in Singapore saw 216 gainers and 190 losers, with total trading value at S$894.9m.

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Daily Singapore Market News

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Posted in Market, Research, Singapore, Singapore Stocks

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