COE prices end mixed

Certificate of Entitlement (COE) prices ended mixed in the bidding exercise on Wednesday.

The premiums for smaller cars rose to $62,999, up $502 from the level in the previous bidding exercise when they overtook the prices of bigger cars.

Prices in the open category also increased to $62,301, which was $301 higher than in the previous round.

Premiums for big cars dropped to $61,700, down $300.

The biggest move in nominal prices was in the commercial vehicles category where premiums fell to $57,051, a drop of $1,451.

Motorcycle premiums declined by $91 to $1,700.