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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (58271)	12/31/2001 3:35:02 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

Monday December 31, 2:10 PM Singapore shares end tough year on mixed note By Muralikumar Anantharaman sg.news.yahoo.com SINGAPORE (Reuters) - Singapore shares closed Monday's half-day session mixed, bringing the curtain down on a tumultuous 2001 in which the main index fell 15.74 percent, but there was optimism that better times are round the corner. "This is the worst year I have seen in the 13-14 years I have been in this business. 2001 has turned out to be a very, very tough year for all stock brokers," said Kenneth Tang, director at G.K. Goh Stockbrokers, as trading volumes fell and profits at brokerages tumbled. The Straits Times Index fell 0.15 percent or 2.38 points to 1,623.60 on Monday as volume was steady at 166 million shares from 162 million at the break on Friday. Gainers outpaced losers 111 to 78. The stock market is shut on Tuesday for the New Year holiday and normal trading resumes on Wednesday. The index has recovered 35.5 percent since hitting the year's low of 1,197.85 on September 24 in the aftermath of the attacks on the United States. This has been aided by an improvement in November manufacturing data and better than expected export figures for the same month which have brought a whiff of a recovery for Singapore's recession-hit economy.