In early morning trade, Neptune Orient Lines (NOL) shares are up 2.76% at six-week high of $1.86 vs STI overall index of +0.3%.
“NOL’s 63% volume recovery exceeded our positive expectations; similarly, freight rate recovery was stronger than our expectations,” says Morgan Stanley.
Operating data showed strong uptick in container volumes, sequential improvement in freight rates. NOL is starting off the year on a strong note :)
Subscribe to:
Post Comments (Atom)
-
Gartner Report on the Magic Quadrant for Analytics and Business Intelligence Platforms as of February 2021. -
Installed FortiClient recently but the challenge in disabling the application/service from running automatically on every start-up annoyed m...
-
If you have been reading the mainstream media or the social media, it is likely that you would have heard of SimplyGo - an initiative by the... -
The below is an LTA's official MRT map that includes both current and future train network all the way to year 2024. [2 Apr 2019]: U... -
My first step in improving my Chinese. 1. Google Translate To translate English to Chinese vice versa. 汉语拼音 > Bopomofo http://transla...
No comments:
Post a Comment
Do provide your constructive comment. I appreciate that.