The Straits Times Index gains 1.5% shortly after the open, trading at 2,988.28 on another strong day for its commodities traders.
Olam Internationa surges 8.9% to $2.08 a share after it says Mitsubishi Corp. is taking a strategic stake in the company.
Rival Noble Group is up 5.8%.
Ezra Holdings meanwhile, gains 14% after announcing that it had signed a deal to sell a 50% equity stake in its main subsea services division.
Other movers include Jardine Cycle & Carriage and City Developments falls 0.3%.
Magnus Energy is flat at 1.2 cents and Cordlife Group rises 0.4% after the firms report their financial results.
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Olam Internationa surges 8.9% to $2.08 a share after it says Mitsubishi Corp. is taking a strategic stake in the company.
Rival Noble Group is up 5.8%.
Ezra Holdings meanwhile, gains 14% after announcing that it had signed a deal to sell a 50% equity stake in its main subsea services division.
Other movers include Jardine Cycle & Carriage and City Developments falls 0.3%.
Magnus Energy is flat at 1.2 cents and Cordlife Group rises 0.4% after the firms report their financial results.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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