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Keppel shares up; analysts warn of long drought
Published Tue, Apr 19, 2016 · 09:50 PM
Singapore
SHARES of Keppel Corporation rose on Tuesday, despite the company reporting a slump in first-quarter earnings at the start of the week, even as some analysts warn of a long drought ahead for the oil and gas giant, and are watching the group's gearing level closely.
The stock closed at S$6.07 at the end of trading, up seven cents or 1.17 per cent. Some seven million shares changed hands.
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