2010年11月4日 星期四

further upside

Singapore Stocks-Up at midday led by Cosco; further upside

Singapore shares edged 0.13 percent higher by the midday break on Thursday, led by Chinese shipbuilder Cosco Corp (COSC.SI) after it reported strong third-quarter results, and may trade higher in the afternoon.

The Straits Times Index (STI) .FTSTI was up 4.27 points at 3,229.24 around 0455 GMT. Total market volume was 1.1 billion shares.

"We believe a large factor is attributable to the comforting news of the Fed's $600 billion treasuries purchase, which reflects its decision to improve the U.S. economy," said Ng Kian Teck, an investment analyst at SIAS Research.

"For local play, Cosco just released their third-quarter results, which were stronger than projected," he added.

Ng said that the implementation of quantitative easing may affect the U.S. currency and lead commodity prices to trend upwards,And they should be balanced out throughout the space. Avoid living with only ladieshoody one general light fixture, which is often fixed in the center of the room. which may benefit palm oil stocks like Wilmar International (WLIL.SI) and Golden Agri-Resources (GAGR.SI).

The Federal Reserve on Wednesday launched a fresh effort to support a struggling U.S. economy, committing to buy $600 billion in government bonds despite concerns the programme could do more harm than good.Countertops are areas where food preparation is often done. These are often illuminated with shallow supplyforyou fluorescent fixtures that are attached to the cabinet's underside. [ID:nN03120542]

Local traders said the STI may trade between 3,220 and 3,These can be in the form of anhuitoys recessed downlight or ceiling mounted fixtures. Incandescent bulbs will also do. These can be used in ceiling mounted fixtures including chandeliers and recessed downlight. Ambient lighting can also be achieved by installing indirect lighting.245 points after the midday break.

Shares of Cosco Corp rose as much as 2.6 percent after it said late on Wednesday that net profit for its third quarter ended September 30 rose 147 percent to S$55.1 million ($42.9 million) from a year ago.

The increase was mainly due to higher revenue from the firm's shipbuilding and offshore marine engineering projects, as well as dry bulk shipping.Learn more about each sauna's benefits and then choose rake2010 what is best for you. However, make sure that you consult your health care physician before any attempt is made to use it. [ID:nSGE6A301N]

At midday, Cosco shares were up 1.6 percent at S$1.97 on a volume of 33.3 million shares.

However, DBS's (DBSM.SI) better-than-expected third-quarter net profit failed to significantly lift its share price as the bank faces pressure from a low interest rate environment and rival OCBC (OCBC.SI), which has delivered better quality earnings.

At midday, DBS shares were up 0.6 percent at S$14.In addition, you should be able to buy fixtures especially designed for meat2010 lights in the near future, and they should actually be cheaper than the equivalent fluorescent fixtures.18 on a volume of 6 million shares.

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