SINGAPORE - Energy, commodity and resources stocks, as well as gold exchange-traded funds, spiked on Wednesday (March 2) as the war in Ukraine raised the spectre of shortages.
First Resources, Wilmar International, RH PetroGas, Olam International, Rex International, Golden Agri Resources and even offshore and marine services player Kim Heng were in play as investors capitalised on news that the conflict is sparking a sharp rise in energy, commodity and resources prices.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you
