Wednesday, 21 November 2012

Yahoo! Philippines News - Latest Philippines News & International News Headlines: STOCKS NEWS SINGAPORE-NOL rises, snapping 3 sessions of losses

Yahoo! Philippines News - Latest Philippines News & International News Headlines
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STOCKS NEWS SINGAPORE-NOL rises, snapping 3 sessions of losses
Nov 22nd 2012, 03:30

Shares of container shipping firm Neptune Orient Lines Ltd jumped as much as 6 percent, recovering from threestraight sessions of losses on expectations of an improvement infreight rates. As of 0318 GMT, NOL shares were up 5.7 percent at S$1.12 andhave lost 0.4 percent since the start of the year, compared tothe FTSE ST Industrials Index's 20.9 percentrise. Since the start of this month, NOL had dropped 8.6 percentto Wednesday's closing price of S$1.06. ...

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