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CK Choy.

Market Sense 市场意识: Wilmar Down 2.6%; Norway’s Wealth Fund Exits Segment ~ DJ Market Talk
Be decisive, Be patient, Don’t be greedy, Don't be stubborn

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You should seek advice from a financial adviser regarding the suitability of the investment products mentioned, taking into account your specific investment objectives, financial situation or particular needs, before making a commitment to purchase the investment product. In the event that you choose not to obtain advice from a financial adviser, you should assess and consider whether the investment product is suitable for you before proceeding to invest.

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Monday, 11 March 2013

Wilmar Down 2.6%; Norway’s Wealth Fund Exits Segment ~ DJ Market Talk

Wilmar Down 2.6%; Norway’s Wealth Fund Exits Segment ~ DJ Market Talk

 0709 GMT [Dow Jones] Wilmar (F34.SG) is down 2.6% at S$3.34, with an
analyst saying the decline follows news Norway's NOK3.82 billion sovereign
wealth fund pulled out the shares of 23 palm oil companies due to concerns
over deforestation. Thomson One data indicates the fund previously held
around 0.25% of Wilmar's shares outstanding, or 16.3 million shares; the
fund's website indicates it no longer holds any Wilmar shares. First
Resources (EB5.SG) is off 3.5% at S$1.79. Thomson One data indicates the
fund held 0.16% of First Resources' outstanding shares, or 2.61 million
shares, while the fund's website indicates it doesn't hold the shares any
longer. 
Posted by ckchoy77 at 21:51
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