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Palm oil companies linked to haze see share prices drop

2013-06-25 01:41:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: Three firms linked to fires in Sumatra saw their share prices decline since the haze crisis worsened a week ago. Golden Agri-Resources Ltd (SGX:E5H) led the pack with an 8 percent decline since June 18. Wilmar International Limited (SGX:F34) dropped 5 percent, while First Resources Ltd (SGX:EB5) lost 4 percent. All three firms are listed on the Singapore Stock Exchange and have been cited in media reports based on hotspot data from NASA. Officials in Singapore and Indonesia say they will pursue...

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