Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Singapore Stocks: Ezra, Keppel, Singapore Exchange, STX OSV

Nov. 30 (Bloomberg) -- Singapore’s Straits Times Index added 0.5 percent to 2,702.46 at the close, paring losses this month to 5.4 percent. Two stocks rose for each that fell in the index of 30 companies.

The following shares were among the most active in the market. Stock symbols are in parentheses after the company names.

Ezra Holdings Ltd. (EZRA SP), a provider of offshore logistics to the oil and gas industry, jumped 5.5 percent to 86.5 Singapore cents. The company said its unit EMAS Marine won charter deals for four offshore support vessels, valued at $231 million, from customers in South America and the Asia Pacific.

Keppel Corp. (KEP SP), the world’s biggest builder of oil rigs, increased 2.3 percent to S$9.21. Citigroup Inc. reiterated its “buy” rating on the stock, citing its “better earnings vibility” compared with smaller rival Sembcorp Marine Ltd. (SMM SP). Sembcorp Marine lost 1.3 percent to S$3.69.

Singapore Exchange Ltd. (SGX SP), operator of the city’s bourse, added 0.8 percent to S$6.15 after appointing Chng Lay Chew as chief financial officer.

STX OSV Holdings Ltd. (SOH SP), the world’s biggest maker of oil-rig support vessels by revenue, climbed 5.3 percent to S$1.185. The company won a contract, valued at 1.2 billion Norwegian krone ($206 million), for the construction of a research vessel for the Norwegian Defence Logistics Organisation.

To contact the reporter on this story: Jonathan Burgos in Singapore at jburgos4@bloomberg.net

To contact the editor responsible for this story: Nick Gentle at ngentle2@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.