Thursday, May 09, 2013

STI Up with Olam's 6 month High

STI rise up 0.6 % at 3433.96 other side MSCI's broadest index also gained 0.2%.

Olam International Ltd's shares gained up with 2.6% to S$1.77, a high value since Nov 12. Singapore palm oil company Wilmar International Ltd gained up a 23 % up in first-quarter net profit.

Sembcorp Marine Ltd's equities also rise up with 2.1% to S$4.44, the highest since April 3, 2012.

Ezion Holdings Ltd, a Singapore-based offshore service provider, said its net profit for the first three months of the year more than tripled. The company's share price rose more than 2 percent to a one-month high of S$2.19.

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