Singapore shares were slightly higher, with Noble Group extending gains after the commodities trader said its chairman and chief executive had bought shares of the company.
The Straits Times Index was up 0.2 % at 2,952.35 points, while MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.7 % higher.
Noble said last Thursday its founder and chairman, Richard Elman, bought 7.34 million shares at $1.08 each, raising his deemed holding to 21.41 % from 21.29 %.
Noble’s chief executive, Yusuf Alireza, bought 7.25 million shares, representing 0.1 % of the company’s issued share capital, at $1.08 each.
By 1:04 p.m., Noble shares were up 1.9 %, bringing total gains over the last two sessions so far to nearly 3 %. The stock slipped last week after reports that its vice-chairman was selling 225 million shares.
Shares of Sembcorp Marine rose as much as 1.7 % after the oil rig builder said its unit, Jurong Shipyard, and Oslo-listed Prosafe SE had finalised a contract for an accommodation semi-submersible rig worth US$295.2 million ($361.4 million).
No comments:
Post a Comment