Singapore’s Straits Times Index (FSSTI) fell 0.9 percent to 2,968.34 at the close. Three shares dropped for each that rose in the 30-member gauge.
The following were among the most active shares in the market. Stock symbols are in parentheses after company names.
Genting Singapore Plc (GENS) dropped 3 percent to S$1.615 after the casino and theme park operator posted fourth- quarter net income of S$265.7 million ($212 million), compared with a net loss of S$150.3 million a year earlier. That missed the S$291.3 million net income average estimate by four analysts in a Bloomberg survey.
Hyflux Ltd. (HYF) sank 7 percent to S$1.47 after Singapore’s biggest publicly traded water-treatment company said full-year net income decreased 40 percent to S$53 million from the previous year.
Neptune Orient Lines Ltd. (NOL SP) slid 5.6 percent to S$1.345 after Southeast Asia’s biggest container carrier reported a fourth-quarter net loss of $320.4 million, compared with a profit of $177 million a year earlier. Analysts predicted a loss of $123.6 million, according to the average of eight estimates compiled by Bloomberg.
Otto Marine Ltd. (OTML) plunged 8.9 percent to 14.4 Singapore cents after the shipbuilder posted a full-year net loss of S$67.7 million, compared with a profit of S$40.7 million the previous year.
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