Singapore Stock Market News

Rigbuilders - Buy on dips'

StockFanatic
Publish date: Tue, 30 Oct 2012, 03:28 PM
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The stock prices of Keppel Corporation (KEP) and Sembcorp Marine (SMM) have dropped by about 4.4% and 3.5% respectively in the past four days, based on the closing prices of 25 Oct and current prices of S$10.62 for KEP and S$4.68 for SMM.

This slide in performance has not been limited to both rigbuilders, with the FTSE Oil and Gas index down 3.8% over the same period.
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