Singapore Stock Market News
Plantations - Stocks set to go up in September
StockFanatic
Publish date: Wed, 11 Sep 2013, 11:30 AM
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Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
Malaysia's palm oil stocks were flat mom at 1.67m tonnes as at end-Aug 13. This is 4% below our and consensus projections due mainly to higher exports to China and EU, which helped to counter the steady mom rise in production.
But CPO prices failed to react
positively to this due to concerns over
rising stocks in the coming month.
We expect Sep palm oil stocks to rise
13% mom as exports may not be able
to keep up with the higher production.
We keep our Neutral sector call and
add Astra Agro, which we recently
upgraded to Trading Buy, to our top
pick list comprising First Resources,
Wilmar and IOI.
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"If August Was Bad For Stocks, September May Be Even Worse"
http://sgx-news.blogspot.in/2013/08/if-august-was-bad-for-stocks-september.html
2013-09-11 15:47
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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jmh will push up astra adr price in nyse
2013-09-11 12:14