Singapore’s Straits Times Index (FSSTI) fell 1 percent to 2,745.71 at the close, with six shares dropping for each that gained in the 30-member gauge. The index slid 1 percent for the week, its fourth straight week of declines.
The following were among the most active shares in the market. Stock symbols are in parentheses after company names.
China Developers: China’s home prices fell to a 16-month low in May as officials pledged to keep property curbs that have sapped buyer demand, according to SouFun Holdings Ltd., the nation’s biggest real estate website owner.
Qatar Chamber gets ‘nod’ for QR2bn venture
Qatar Chamber (QC) received preliminary approval from concerned authorities to establish its ambitious QR2bn private company. Expected to emerge as a key driver in the transformation of Qatar’s indus
QE index inches up
Qatari stocks showed marginal gains last week as the country’s main index inched up 14.04 points (0.14 percent) to 10,389.10.
The trading value (of over QR1.58bn), though, declined over t
Dubai World arm sells Atlantis
A unit of Dubai World has sold its Atlantis resort, which sits on a palm tree-shaped island in the Gulf, in an asset shuffle between state entities to help the group meet huge debt repayments after