Monday, July 16, 2007

Singapore's Straits Times Slides From Record; Cosco Declines, Keppel Rises

(Bloomberg) -- Singapore's stocks fell, dragging the
Straits Times Index from a record high, on speculation recent
gains were excessive. Cosco Corp. Singapore Ltd., the benchmark's
best performer this month, led the drop.

Keppel Corp. and Neptune Orient Lines Ltd. climbed after
analysts raised their share-price forecasts.


Read more at Bloomberg Stocks News

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