Singapore Exchange down 1.8 pct after results

Mon Apr 14, 2008 9:03pm EDT
 
[-] Text [+]

SINGAPORE, April 15 (Reuters) - Shares of Singapore Exchange (SGX) (SGXL.SI), Asia's second-biggest listed bourse, fell 1.8 percent in early trade on Tuesday after it posted its smallest quarterly profit in four quarters, hurt by volatile markets.

SGX reported a net profit of S$101.5 million ($74.74 million) for the three months to March, below the S$130 million to S$157 million earned in the preceding three quarters and slightly under the S$103 million average estimate of 4 analysts surveyed by Reuters. (Reporting by Saeed Azhar Editing by Jan Dahinten) (saeed.azhar@reuters.com; Reuters Messaging: saeed.azhar.reuters.com@reuters.net; +65 6403-5664))

 
Join the Reuters Consumer Insight Panel and help us get to know you better

Join the Reuters Consumer Insight Panel and help us get to know you better