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

To: StanX Long who wrote (58690)	1/11/2002 1:45:48 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

Well thisn't good. Stan Friday January 11, 1:11 PM Singapore big techs dip by midday, properties firm (Updates to midday close with quotes, adds SPH (Singapore: SPRMsb.SI - news) news) sg.biz.yahoo.com SINGAPORE, Jan 11 (Reuters) - Singapore shares were mixed at midday on Friday with large capitalised technology stocks shedding some of their recent gains, but the property sector climbed on buying by funds. Smaller tech stocks rose and dominated trading, raising the market's total volumes to 558 million shares from 315 million at the break on Thursday. The bellwether Straits Times Index <.STI> was down 0.19 percent or 3.31 points at 1,703.33 but gainers beat losers 151 to 120 in the broader market. "We saw a fair bit of a run up on stocks yesterday and so profit-taking is coming in. Techs are also coming to a level where people are getting a bit cautious," said a trader at local brokerage DBS Vickers Securities. The STI rose 1.21 percent on Thursday. It is up almost five percent in 2002. In the technology sector, Chartered Semiconductor (Singapore: CSMF.SI - news) Manufacturing fell 4.5 percent to S$5.30. Computer peripheral maker Creative Technology (Singapore: CREA.SI - news) , which had risen 28 percent in 2002 till Thursday, fell 1.59 percent to S$18.60.