Geo Energy up 7.6% after Indonesia's coal export ban is lifted on its mines

Singapore

SHARES of Geo Energy Resources rallied on Friday (Jan 21) following the Indonesian government's Jan 20 announcement that it would lift its coal export ban on 139 coal mining companies, including 3 of the mainboard-listed company's mines.

As at 11.38 am, Geo Energy rose as much as S$0.05 or 15 per cent to trade at S$0.38 with some 13.1 million securities traded.