The following companies may have unusual price changes today in Asian trading, excluding Japan. Stock symbols are in parentheses and share prices are from the previous close, unless noted otherwise.
BHP Billiton Ltd. (BHP) : BHP’s coking coal mine workers in Australia will strike on three days next week, halting production from the world’s largest exporter of the fuel. Workers at all seven BHP Billiton Mitsubishi Alliance mines in Queensland’s Bowen Basin will hold rolling six-hour stoppages on June 14, June 15 and June 18, Stephen Smyth, president of the Construction, Forestry, Mining and Energy Union’s mining and energy division in Queensland, said in a phone interview. BHP fell 0.4 percent to A$42.79.
Hwang-DBS (Malaysia) Bhd. (HDBS MK): The Malaysian stock brokerage’s net income in the third quarter ended April 30 rose 17 percent from a year earlier to 17.5 million ringgit ($5.8 million) as revenue advanced, according to a stock-exchange filing. The stock last traded at 2.51 ringgit on June 7.
Samsung Electronics Co. (005930 KS): The world’s biggest maker of memory chips began to produce large-scale integration, or LSI, chips used in mobile devices at its Austin, Texas, plant last month, Jason Kim, a Seoul-based spokesman said by telephone. The company plans to operate the factory at full capacity by the end of this year, Kim said. The stock fell 1.1 percent to 877,000 won.
Sunway Real Estate Investment Trust (SREIT) : The Employees Provident Fund, Malaysia’s biggest pension fund, bought 1 million shares in the property trust, raising its stake to 8.6 percent, a stock-exchange filing showed. The stock gained 0.9 percent to 1.08 ringgit.
To contact the reporter on this story: Anuchit Nguyen in Bangkok at email@example.com
To contact the editor responsible for this story: Darren Boey at firstname.lastname@example.org