Wednesday, August 18, 2010

Wilmar

Wilmar: +2.1% at S$6.26 on prospect of increased fund flows into stock as plantation group's weighting in MSCI Singapore Index raised to 5.33% from 3.62% under latest MSCI equity indexes review. Change effective from Aug 31 market close. We view news as positive for shares. UBS expects expects capital inflows of up to $300m, equivalent to 4.8 days trading value.

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