Singapore’s Straits Times Index (FSSTI) fell 0.2 percent to 2,772.75 at the close, extending losses for a third week. About three shares fell for every two that rose on the 30-member gauge.
The following were among the most active shares in the market. Stock symbols are in parentheses after company names.
Global Logistic Properties Ltd. (GLP) gained 2.3 percent to S$2.02 after the owner of warehouses in China and Japan reported fourth-quarter net income tripled to $156.5 million from $49.2 million a year earlier.
SABIC contributes to national development
The Saudi Basic Industries Corporation (SABIC) sponsored the Industrial Innovation Award which was presented to developers of new ideas for industrial projects at a ceremony held in Riyadh on May 18.