Shares Rise On Thin Volume
May 18, 2011
The 30-share Straits Times Industrials Index rose 15.86 to 2110.34 on volume of 82 million shares. Other closely followed market indexes also rose. The DBS-50 Index of shares from different sectors was up 1.91 to 542.922. The UOB-OTC index, which tracks Malaysian over-the-counter shares, added 10.80 to 1175.56. Analysts said investors shifted their attention toward Malaysian over-the-counter shares with good earnings-growth prospects. Government-owned Sembawang rose 20 Singapore cents to 6.35 Singapore dollars. Investors were bullish on the company after it announced it would enter the property market.
VastPress 2011 Vastopolis
