Singapore’s Straits Times Index rose 0.2% to 2,860.95 at the 12:30 p.m. trading break. More than three stocks rose for each that fell on the 30-member gauge. Shares on the measure trade at 17 times estimated earnings, compared with about 10 times at the start of the year, according to data compiled by Bloomberg. The following shares were among the most active in the market.
Posts Tagged ‘Agri’
Indofood Agri, MAP Tech, Swiber up as STI rises 2,860.95 at the break
December 29th, 2009 |
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Indofood Agri sees higher 2010 revenue
December 17th, 2009 |
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Singapore-listed Indofood Agri Resources (IFAR.SI) plans to raise crude palm oil production by 5–10% next year and will earn higher revenues if prices stay at current levels, CEO Mark Wakeford said today.
Wakeford said with growth of palm oil demand seen outpacing supply, as the global economy recovers from the financial crisis, prices should be “well supported for next year”.
Hyflux, Indo Agri, Keppel, Sembcorp up as of midday
November 23rd, 2009 |
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Singapore’s Straits Times Index gained 0.5% to 2,774.57 as of the 12:30 p.m. trading break. Three stocks advanced for each that fell on the 30-member gauge. The following shares were among the most active in the market.
Hyflux (HYF SP), Singapore’s biggest publicly traded water utility company, added 0.7% to $3.07. The company said it won a $95 million water desalination project in Oman.
Sep 7: Chartered, M1, Golden Agri, Pan Hong
September 7th, 2009 |
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The following companies may have unusual price changes in trading today, say Thomson Reuters and Bloomberrg. Share prices are from the previous close. The Straits Times index gained 0.9% to 2,622.69 last Friday.
US stocks finished higher on Friday as investors focused on the bright side of a mixed payrolls report that showed smaller than expected job cuts in August, although unemployment rate hit a 26-year high. The Dow Jones industrial Average (.DJI) rose 1.03% to 9,441.27, while the Nasdaq Composite Index (.IXIC) rose 1.79% to 2,018.78.
Palm oil suppliers: Crude palm oil for November delivery dropped 7.3% in Kuala Lumpur last week. Wilmar International (WIL SP), the world’s biggest palm oil trader, added 1.1%to $6.45 on Sept. 4. Golden Agri-Resources (GGR SP), the world’s second-biggest palm oil producer, gained 1.1% to 46.5 cents. Indofood Agri Resources (IFAR SP), the palm oil unit of Indonesia’s biggest noodle maker, fell 1.8% to $1.62.