Friday, May 10, 2013

SGX Index Up with Fortune REIT, Olam Profit

SGX Equities come up with again Olam International Ltd. It was just after reporting company’s
joint venture with Sanyo Foods.
STI ganed 0.2 % at 3442.45 with MSCI's broadest index shed 0.9 %.
Olam's shares gained 2.8 5 to S$1.82, a highest since November 2012.

Units of Fortune Real Estate Investment Trust (REIT) up with 5.2 % to a record high at S$8.24. The company posted a first-quarter net profit of HK$153.3 million ($19.76 million), up 16.3 percent from the previous year.

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