SUBSCRIBERS
Del Monte Pacific shares up on Q2 profit surge
Published Wed, Dec 9, 2015 · 09:50 PM
Singapore
SHARES in Del Monte Pacific soared 36 per cent on Wednesday after the group reported a surge in second-quarter profit, thanks mainly to a one-time adjustment to its expenses.
The counter ended the day at 39.5 Singapore cents, up 10.5 cents from the previous close, amid heavy trading.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
UBS weighs synthetic risk transfer amid capital boost proposals
Oil settles higher on supply concerns in the Mid-East, economic woes subdue gains
S-Reits falter as investors weigh possibility of zero rate cuts in 2024
CapitaLand Investment posts total revenue of S$650 million for Q1
Europe: Stoxx 600 logs best day in three months as banks shine
US: Stocks rally after strong tech results