The following companies may have unusual price changes in Singapore trading today, say Bloomberg and Thomson Reuters. Stock symbols are in parentheses, and share prices are from the previous close. Singapore’s Straits Times Index fell 0.4% to 3,179.15.
Bulk-shipping companies: The Baltic Dry Index, which measures the cost of shipping commodities, fell 0.6% in London yesterday, extending its decline to a fourth day. Cosco Corp. Singapore (COS SP), a China-based shipbuilder that also operates bulk carriers, was unchanged at $1.96. STX Pan Ocean Co. (STX SP), South Korea’s biggest bulk carrier, lost 1.1% to $14.60.
Commodity suppliers: The Reuters/Jefferies CRB Index, which tracks prices of 19 commodities from copper to corn, advanced 2.1% yesterday in New York.
Noble Group (NOBL SP), a Hong Kong-based commodities supplier, fell 1.6% to $1.91. Olam International (OLAM SP), a Singapore-based supplier of agricultural commodities, decreased 2.2% to $3.17.
Mapletree Industrial Trust <MAPI.SI>, which is linked to state investor Temasek Holdings [TEM.UL] and owns factories and other industrial properties in Singapore, may be in the spotlight as it will make its Singapore market debut.
Pacific Shipping Trust <PFST.SI> said on Wednesday its third quarter net profit rose 3% to US$7.2 million ($9.4 million) from a year ago as container freight rates stabilised in the third quarter.
Marine and offshore services provider BH Global Marine <BHGM.SI> said on Wednesday its Taiwan Depository Receipts had surged to close at NT$18.15 ($0.77) on their trading debut, hitting the 7% daily limit set by the Taiwan Stock Exchange.
CapitaCommercial Trust (CCT SP): The office landlord partly owned by CapitaLand (CAPL SP) said third-quarter distributable income increased 7.9% to $56.2 million from a year ago. CapitaCommercial rose 0.7% to $1.44.
Keppel Land (KPLD SP): The real-estate unit of Keppel Corp. (KEP SP) said third-quarter net income fell 11% to $70.1 million from a year ago. The stock decreased 2% to $4.50.
Marco Polo Marine (MPM SP): The shipping and shipbuilding company said it won a contract to build six barges, valued at $8.3 million, for a client in Indonesia. Its shares slipped 1.1% to 44 cents.
Neptune Orient Lines (NOL SP): Southeast Asia’s biggest container carrier had its rating cut to “sell” from “hold” at Deutsche Bank AG. The stock climbed 3.4% to $2.13.

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