Global Equities Roundup: Market Talk

Dow Jones

08/14

The latest Market Talks covering Equities. Published exclusively on Dow Jones Newswires throughout the day.

0457 GMT - Wilmar International's earnings should improve in 2H from 1H, thanks to greater output of fresh-fruit bunches and higher average selling prices, RHB Research's Singapore Research team says in a note. The agribusiness group is now expects FFB output for the year to grow by mid-single digits due to a strong recovery in 2H, the team says. Its plantation and sugar milling division's profit-before-tax margin should also improve on higher crude palm oil and sugar average selling prices. RHB raises the stock's target price to 3.85 Singapore dollars from 3.55 Singapore dollars, with unchanged neutral rating. Shares are 0.8% higher at 3.74 Singapore dollars.

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Published exclusively on Dow Jones Newswires throughout the day. \n</p>\n<p>0457 GMT - Wilmar International's earnings should improve in 2H from 1H, thanks to greater output of fresh-fruit bunches and higher average selling prices, RHB Research's Singapore Research team says in a note. The agribusiness group is now expects FFB output for the year to grow by mid-single digits due to a strong recovery in 2H, the team says. Its plantation and sugar milling division's profit-before-tax margin should also improve on higher crude palm oil and sugar average selling prices. RHB raises the stock's target price to 3.85 Singapore dollars from 3.55 Singapore dollars, with unchanged neutral rating. 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Published exclusively on Dow Jones Newswires throughout the day. \n</p>\n<p>0457 GMT - Wilmar International's earnings should improve in 2H from 1H, thanks to greater output of fresh-fruit bunches and higher average selling prices, RHB Research's Singapore Research team says in a note. The agribusiness group is now expects FFB output for the year to grow by mid-single digits due to a strong recovery in 2H, the team says. Its plantation and sugar milling division's profit-before-tax margin should also improve on higher crude palm oil and sugar average selling prices. RHB raises the stock's target price to 3.85 Singapore dollars from 3.55 Singapore dollars, with unchanged neutral rating. 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