Thursday, June 7, 2007

Singapore's Shares Fall the Most in Seven Weeks; SingTel CapitaMall Slide

(Bloomberg) -- Singapore's stock index fell the most
in more than seven weeks, on concern rising global interest
rates will reduce demand for stocks. Singapore
Telecommunications Ltd. led the decline.

CapitaMall Trust paced a drop by investment trusts after
bond yields jumped, making their payouts less attractive to
investors.


Read more at Bloomberg Stocks News

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