SINGAPORE, Jan 24 (Reuters) - Shares of Singapore-listed palm oil firm Golden Agri-Resources
At 0210 GMT, Golden Agri shares were up 2.8 percent at S$0.73 with over 42.6 million shares changing hands.
Malaysian palm oil futures rose to a near two-week high on Friday as traders cited strong export data amid concern that supplies will struggle to keep pace with robust demand. [ID:nL3E7CL0P3]
Palm oil firm First Resources
"Moreover, with food inflation becoming a real threat, it's unlikely that palm oil prices will fall a lot," said a local trader.
(Reporting by Charmian Kok) ((charmian.kok@thomsonreuters.com)(+65 6403 5666)(Reuters Messaging: charmian.kok.reuters.com@reuters.net))
Keywords: SINGAPORE MARKET STOCKS/GOLDENAGRI