Singapore shares rise 0.3% with most plantation stocks seeing gains

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Singapore shares rise 0.3% with most plantation stocks seeing gains.

We’ll be curating stories from management guru John Bittleston and making them free to read.According to data released on Tuesday, Malaysia's November CPO stockpile dropped 4 per cent month-on-month to 2.2 million metric tonnes , less than expected as exports have weakened on higher prices. That said, the DBS analysts still expect palm oil prices to recover 19 per cent year-on-year to US$596 per MT.

Elsewhere in the Asia-Pacific, benchmark indices in Australia, China, Hong Kong, Malaysia, South Korea and Taiwan were similarly lifted by tariff delay hopes. Bucking the trend was Japan.

 

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