Market:
The STI went down 0.17 pts to close at 2,844.02.
Volumes were at 976.4 mln at a value of S$889.6 mln. This means on average each share is worth $0.911.
Losers outpaced gainers 2 to 1.
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Stories of note:
WILMAR INTERNATIONAL LIMITED
Buys CSR Limited’s Sugar Division for $1.5 billion
CAPITALAND LIMITED
Wong Heang Fine takes over as CapitaLand Residential Singapore CEO
DBS
Says it regrets breakdown in branch and ATM services today
HOE LEONG CORP
Forms JV to make and sell undercarriage parts for earth moving machines
COSCO CORP
Says two shipbuilding contracts have become effective after payment of initial deposits by ship owners
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