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Golden Agri 3Q Net Profit rose 11% to US$110m!
By Dou  •  November 11, 2011

On 11/Nov, Singapore shares ended higher rebounding a bit after the recent strong sell off.

STI ended higher at 2790.94 (0.1%) with regular VOL of 1.51 billion shares traded compared with 1.72 billion shares Thursday. In the broader market, gainers outnumbered losers 248 to 217. Today STI swing sideways as investors are unsure on the direction ahead.

Headline in STI

Before market close

CapitaLand Ltd. (C31.SG) has issued S$200 million in 3.8% fixed-rate notes due 2016.

After market close

Golden Agri-Resources Ltd. (E5H.SG) 3Q net profit rose 11% to US$110 million compared with US$99 million a year earlier due to higher palm oil prices.

Noble Group Ltd. (N21.SG) plans to carve out and list its agriculture business in Singapore this year, although news it has been put on a negative watch by Standard & Poor’s, as well as recent cotton-trading losses and ...

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By Dou
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