7:57 PM
Admin
Market Review:
Singapore market opens up; the advances beat the declines 177 to 66. And also STI closed near the day’s high.
Singapore share prices opened 3223.28 levels and then it made day low @ 3222.17 and took support at this level and recovers some points and made day high @ 3235.23 and finally closed @ 3231.23 with gain of 11.37 points down by 0.35%. Some 3.90 billion shares, valued at S$1.58 billion were traded. Gainers outnumbered losers 259 to 165.
Singapore's inflation rate accelerated last month driven once again by housing and transport costs. Department of Statistics data showed the Consumer Price Index (CPI) in December 2012 rose 4.3 % from a year earlier, after increasing 3.6% on-year in November. Accommodation cost inflation reached 8.5 % in December, following a 6.6 % gain the previous month.
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