The following companies may have unusual price changes in Singapore trading today. Stock symbols are in parentheses, and share prices are from the previous close. Singapore’s Straits Times Index climbed 0.8% to 3,183.70 yesterday.
Commodity suppliers: The Thomson Reuters/Jefferies CRB Index, which tracks prices of 19 commodities from copper to corn, climbed 0.7% in New York yesterday. Noble Group (NOBL SP), a Hong Kong-based commodities supplier, rose 1.4% to $2.14. Olam International (OLAM SP), a Singapore-based supplier of agricultural commodities, lost 1.3% to $3.15.
Palm-oil producers: Crude palm-oil futures for March delivery gained 0.6% in Kuala Lumpur yesterday. Global Palm Resources Holdings (GPR SP) was unchanged at 35 cents. First Resources (FR SP), an Indonesian palm plantation company, advanced 2% to $1.56. Golden Agri-Resources (GGR SP), the world’s second-biggest palm-oil producer, rose 2.6% to 79.5 cents. Indofood Agri Resources (IFAR SP), the palm-oil unit of Indonesia’s biggest noodle maker, gained 4% to $2.83. Wilmar International (WIL SP), the world’s biggest palm-oil trader, climbed 0.4% to $5.63.
Asian Micro Holdings (AMH SP): The manufacturer of plastic components said a subsidiary won a five-year contract to supply and transport compressed natural gas from Rolls-Royce Singapore Pte. The total gas contract amount is about $6.7 million. The stock was unchanged at 1.5 cents.
Asia Water Technology (AWT SP): The wastewater treatment company said a unit won a contract to build a centralised water supply and waste water treatment station in Xinjiang, China, valued at 68.8 million yuan ($13.5 million). The shares surged 17% to 7 Singapore cents.
First Real Estate Investment Trust (FIRT SP): The health-care property trust said its rights offer was oversubscribed, with demand for 23% more units than were available. In a separate announcement, the company said its existing portfolio has been revalued at $355.5 million, an increase of $14.6 million from the end of 2009. The stock fell 0.7% to 70.5 cents.
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