First Resources stock fell 6.13 percent on October 8

Published on 10/08/2026 at 06:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First Resources stock stood 18.13 percent below its 52-week high on October 8. First-half revenue rose 44.5 percent and free cash flow reached USD 100.6 million.

First Res, SG1W35938974, Illustration mit AI erstellt.

First Resources Limited (ISIN SG1W35938974) stock was trading at SGD 4.29 on the Singapore Exchange on October 8, 2026, at 11:59 a.m. SGT, down 6.13 percent from the prior close. The price report gives investors a clear reference point after the stock's strong third-quarter performance.

Stock stays below yearly high

At SGD 4.29, the stock stood 18.13 percent below its 52-week high of SGD 5.24 and 157.19 percent above its 52-week low of SGD 1.67. The session range was SGD 4.08 to SGD 4.48, with volume at 1,905,000 shares.

The market capitalization was SGD 6.6 billion as of October 8, 2026. The price move was larger than the 1 percent threshold used for a directional market description, but the available price data do not assign a cause to it.

First-half cash flow improved

The latest reported operating picture dates to the half year ended June 30, 2026. According to Yahoo Finance on September 17, 2026, revenue rose 44.5 percent year over year to USD 973.6 million, while underlying net profit increased 42.2 percent to USD 216.2 million.

Free cash flow reached USD 100.6 million in 1H2026, compared with negative USD 84.7 million a year earlier. The Smart Investor reported on October 7, 2026, that the company also raised its interim dividend 77.8 percent to SGD 0.08 per share.

The comparison has a structural caveat. First Resources acquired PT Austindo Nusantara Jaya in May 2025, so the first half of 2026 included six months of contribution against two months in the prior-year period, as Yahoo Finance reported.

Consensus target above current price

Consensus data published by Investing.com show a Strong Buy view from eight analysts, including seven Buy ratings and one Hold rating. The average 12-month target was SGD 4.828, which lies 12.54 percent above the SGD 4.29 trading price; the published high and low targets were SGD 6.04440475 and SGD 4.01046319.

First Resources stock and its next checkpoint

First Resources is an integrated palm oil producer with operations concentrated in Indonesia. Its 1H2026 figures connect the market debate to two measurable issues: cash generation improved sharply, while the acquisition enlarged the year-over-year comparison base.

First Resources stock was last at SGD 4.29 on the Singapore Exchange on October 8, 2026, at 11:59 a.m. SGT. The stock's current valuation, 1H2026 cash flow and the 52-week range remain the central reference points for the next company update.