Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Singapore Stocks: Genting Singapore, Golden Agri, Mewah, Olam

Singapore’s Straits Times Index gained 0.7 percent to 3,022.19 at the close of trading. More than two stocks advanced for each that declined in the benchmark index of 30 companies.

Shares on the measure trade at an average 13.9 times estimated earnings, compared with about 15.6 times at the end of 2010, according to data compiled by Bloomberg.

The following shares were among the most active in the market. Stock symbols are in parentheses after the company name.

Commodity suppliers: The Thomson Reuters/Jefferies CRB Index, which tracks prices of 19 commodities from copper to corn, gained 0.9 percent in New York yesterday, extending its advance for a fifth day.

Noble Group Ltd. (NOBL SP), a Hong Kong-based supplier of commodities, increased 1.4 percent to S$2.11. Olam International Ltd. (OLAM SP), a Singapore-based supplier of agricultural commodities, surged 4.2 percent to S$2.76.

Palm-oil producers: Crude palm-oil futures for June delivery climbed as much as 1.8 percent in Kuala Lumpur today, heading for its first advance in three days.

Golden Agri-Resources Ltd. (GGR SP), the world’s second-biggest palm-oil producer, jumped 3.8 percent to 69 Singapore cents. First Resources Ltd. (FR SP), an Indonesian palm-oil producer, rose 2.4 percent to S$1.30. Indofood Agri Resources Ltd. (IFAR SP), the palm-oil unit of Indonesia’s biggest noodle maker, gained 1.8 percent to S$2.27.

Genting Singapore Plc (GENS SP), the operator of one of two casino resorts in the city, climbed 3.1 percent to S$1.99. UBS AG increased its rating on the stock to “buy” from “neutral,” saying the company is attracting gamblers from China.

Mewah International Inc. (MII SP), a producer of vegetable oils, surged 5.4 percent to 97 Singapore cents. The stock was rated “outperform” with a share price forecast of S$1.10 in new coverage at Standard Chartered Plc.

Swiber Holdings Ltd. (SWIB SP), a provider of offshore logistic services, gained 3.2 percent to 81 Singapore cents. The company said it won contracts valued at about $27 million for the charter of offshore construction and support vessels.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.