SINGAPORE (Feb 20): Golden Energy and Resources (GEAR) is up 1.5 cents or 2.9% to 53.5 cents with 5 million shares traded.

This week, the coal miner was added to the Singapore Market Portfolio as we think it will benefit from higher its coal production by 40% to hit 14 million tonnes this year.

Coal prices have also been climbing with the Indonesian Coal Index 4 rising 19% from August to December last year.

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