Golden Agri-Resources

Broker's Calls

Golden Agri retains favour with analysts on 3Q results

SINGAPORE (Nov 15): Both UOB Kay Hian and RHB are maintaining their “buy” calls on Golden Agri-Resources with target prices of 42 cents and 46 cents after its recent 3Q16 results.

Stocks To Watch

Golden Agri, mm2 Asia, Yanlord, Midas, Metro, SeD

SINGAPORE (Nov 15): Here are some factors and stocks that could move the market this Tuesday morning:

Results

Golden Agri-Resources swings back into profitability with 3Q earnings of US$220 mil

SINGAPORE (Nov 14): Golden Agri-Resources has swung back into the black with 3Q16 earnings of US$219.7 million ($311 million), on the back of higher crude palm oil (CPO) prices and deferred tax benefit.

Market Close

STI closes 0.2% lower at 2,807.14

SINGAPORE (Nov 2): The Singapore market closed 0.2% lower as global markets are spooked by a new poll showing Republican candidate Donald Trump leading the US presidential race.

Market Close

STI closes 0.01% higher at 2,828.94

SINGAPORE (Oct 27): Singapore stocks closed slightly higher on Thursday as investors remained cautious ahead of the busy third corporate earnings season.

Market Close

STI closes 0.1% lower at 2,854.05

SINGAPORE (Oct 25): The Singapore market ended slightly lower on Tuesday, as declines in oil and gas and marine-related stocks more than offset gains in plantation stocks amid surging crude palm oil prices.

Market Close

STI closes 0.5% higher at 2,830.63

SINGAPORE (Oct 18): Singapore stocks closed 0.48% higher, supported by gains in crude oil and palm oil prices.

Market Close

STI closes 0.14% lower at 2,805.52

SINGAPORE (Sept 25): Singapore stocks closed lower on Thursday, falling for the fourth consecutive session amid increased volatility in the global markets this week.

Market Close

STI closes 0.3% higher at 2,844.02

SINGAPORE (Aug 19): The Straits Times Index ended 0.3% higher at 2,844.02, driven mostly by a recovery in offshore marine companies, with improving oil markets helping support them. Sembcorp Marine, for example, ended 1.5% higher.

Market Close

STI closes 0.2% lower at 2,836.98

SINGAPORE (Aug 19): The Straits Times Index loses 0.2% to close at 2,836.98 on Thursday, underperforming Southeast Asia but trending broadly with other Asian markets, following minutes overnight from the US Federal Reserve.
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