Advertisement
Singapore markets open in 5 hours 26 minutes

  • Straits Times Index

    3,322.08
    -8.69 (-0.26%)
     

  • S&P 500

    5,357.81
    +10.82 (+0.20%)
     

  • Dow

    38,836.85
    +37.86 (+0.10%)
     

  • Nasdaq

    17,179.88
    +46.76 (+0.27%)
     

  • Bitcoin USD

    69,709.99
    -90.14 (-0.13%)
     

  • CMC Crypto 200

    1,443.34
    -3.33 (-0.23%)
     

  • FTSE 100

    8,228.48
    -16.89 (-0.20%)
     

  • Gold

    2,329.40
    +4.40 (+0.19%)
     

  • Crude Oil

    77.93
    +2.40 (+3.18%)
     

  • 10-Yr Bond

    4.4690
    +0.0390 (+0.88%)
     

  • Nikkei

    39,038.16
    +354.23 (+0.92%)
     

  • Hang Seng

    18,366.95
    -109.85 (-0.59%)
     

  • FTSE Bursa Malaysia

    1,614.37
    -3.49 (-0.22%)
     

  • Jakarta Composite Index

    6,921.55
    -6,897.95 (-49.91%)
     

  • PSE Index

    6,458.64
    -60.12 (-0.92%)
     

Seadrill sells $300 mln of SapuraKencana shares

Reuters

OSLO, April 9 (Reuters) - Seadrill, the world's biggest offshore driller by market capitalisation, has sold 230 million shares in Malaysia's SapuraKencana, raising $300 million and earning a gain of $165 million on the deal, it said on Wednesday.

Seadrill, which still owns around 490 million shares in SapuraKencana, has agreed not to sell any further shares in the company until the end of 2014. (Reporting by Balazs Koranyi, editing by Terje Solsvik)