Interra up on US plans to ease Myanmar import ban

Shares of Singapore listed Myanmar companies such as property developer Yoma Strategic canada goose uk black friday Holdings Ltd jumped on canada goose black friday sale news that the United States would take steps to ease its ban on imports Canada Goose Coats On Sale from canadian goose jacket the canada goose uk shop country.

Yoma surged 9 percent to S$0.485 with canada goose coats over 52.7 million shares traded, 2.5 times its average daily volume over the last five sessions. Myanmar based energy company Interra Resources Ltd rose 5.1 percent to S$0.415, also in active trading with 20.3 million shares changing hands Canada Goose Outlet versus its five day average of 12.2 million shares. ban on imports from the country, a major boon to the Southeast Asian nation as it emerges from years cheap Canada Goose of political and economic isolation.

news is positive for Myanmar businesses, who could really benefit from greater trade and openness in the market, said a local trader.

1250 (0450 GMT) (Reporting by Charmian Kok in Singapore; )12:39 STOCKS NEWS Canada Goose Online SINGAPORE Maybank canada goose upgrades Super Group to

Maybank Kim Eng upgraded Super Group canada goose coats on sale Ltd to from and raised its target price to S$2.85 from S$1.95, on expectations Canada Goose Jackets of stronger sales growth and increasing mergers and acquisition interest within the food and beverage space.

At 0200 GMT, Super Group shares were up 3.5 percent canada goose clearance at S$2.08. They have gained 58 percent since the canada goose store start of the year, compared with the FTSE ST Consumer Goods Index, which has fallen 17 percent.

Maybank expects Super sales to grow about 12 15 canada goose uk outlet percent on an average per year uk canada goose outlet over the next three years, helped by increasing canada goose factory sale consumption in Southeast Asian markets and growing appetite for convenience and packaged food.

Super gross margin for its ingredients business has been improving, and it is also rolling out a rebranding exercise next year, which will help boost sales, Maybank said.

The company is also an attractive M target, given its strong position in Southeast Asian markets, Maybank noted, adding that Yeo Hiap Canada Goose online Seng 12 percent stake in Super may be up for sale.

1002 (0202 GMT) (Reporting by Charmian Kok in Singapore; )9:37 uk canada goose STOCKS NEWS SINGAPORE CIMB downgrades K REIT to

CIMB Research downgraded canada goose clearance sale K REIT Canada Goose Parka Asia, which owns commercial assets, to from citing limited further upside, but raised its target price to S$1.23 from S$1.21 to reflect the debt equity funded acquisition of a Perth office buy canada goose canadagoosetomall jacket development.

Units in K REIT were flat at S$1.19, buy canada goose jacket cheap and have surged 43.6 percent since the start of the year, compared to Canada Goose Black Friday the FTSE ST Real Estate Industrial Trust Index 29.6 percent gains.

K REIT Canada Goose sale agreed to buy a 50 percent stake in a new office tower development in Perth, Australia, for A$165 million, which could be accretive but mainly because of funding using cheap Singapore dollar debt, said CIMB.

The brokerage also said it likes the visibility of the long lease with a 3 5 percent annual rental step up, but the long lease could result in limited upside for K REIT in a buoyant Perth office market.

However, CIMB downgraded K REIT due to limited upside in its share price and as equity fundraising needs are likely to limit any value added from a potential acquisition of cheap canada goose uk Marina Bay Financial Centre office tower in Singapore.