✅The Sea of Okhotsk is a marginal sea of the western Pacific Ocean. ✅It is located between Russia’s Kamchatka Peninsula on the east, the Kuril Islands on the southeast, Japan’s island of Hokkaido on the south, the island of Sakhalin along the west, and a stretch of eastern Siberian coast along the west and north. ✅ Kuril Islands ✅The Kuril Islands are stretched from the Japanese island of Hokkaido to the southern tip of Russia’s the Kamchatka Peninsula separating the Okhotsk Sea from the North Pacific ocean. ✅ It consists of 56 islands and minor rocks. ✅ The chain is part of the belt of geologic instability circling the Pacific and contains at least 100 volcanoes, of which 35 are still active, and many hot springs. ✅ Earthquakes and tidal waves are common phenomena over these islands.
✅The Sea of Okhotsk is a marginal sea of the western Pacific Ocean. ✅It is located between Russia’s Kamchatka Peninsula on the east, the Kuril Islands on the southeast, Japan’s island of Hokkaido on the south, the island of Sakhalin along the west, and a stretch of eastern Siberian coast along the west and north. ✅ Kuril Islands ✅The Kuril Islands are stretched from the Japanese island of Hokkaido to the southern tip of Russia’s the Kamchatka Peninsula separating the Okhotsk Sea from the North Pacific ocean. ✅ It consists of 56 islands and minor rocks. ✅ The chain is part of the belt of geologic instability circling the Pacific and contains at least 100 volcanoes, of which 35 are still active, and many hot springs. ✅ Earthquakes and tidal waves are common phenomena over these islands.
Among the actives, Ascendas REIT sank 0.64 percent, while CapitaLand Integrated Commercial Trust plummeted 1.42 percent, City Developments plunged 1.12 percent, Dairy Farm International tumbled 0.86 percent, DBS Group skidded 0.68 percent, Genting Singapore retreated 0.67 percent, Hongkong Land climbed 1.30 percent, Mapletree Commercial Trust lost 0.47 percent, Mapletree Logistics Trust tanked 0.95 percent, Oversea-Chinese Banking Corporation dropped 0.61 percent, SATS rose 0.24 percent, SembCorp Industries shed 0.54 percent, Singapore Airlines surrendered 0.79 percent, Singapore Exchange slid 0.30 percent, Singapore Press Holdings declined 1.03 percent, Singapore Technologies Engineering dipped 0.26 percent, SingTel advanced 0.81 percent, United Overseas Bank fell 0.39 percent, Wilmar International eased 0.24 percent, Yangzijiang Shipbuilding jumped 1.42 percent and Keppel Corp, Thai Beverage, CapitaLand and Comfort DelGro were unchanged.
However, analysts are positive on the stock now. “We have seen a huge downside movement in the stock due to the central electricity regulatory commission’s (CERC) order that seems to be negative from 2014-15 onwards but we cannot take a linear negative view on the stock and further downside movement on the stock is unlikely. Currently stock is underpriced. Investors can bet on it for a longer horizon," said Vivek Gupta, director research at CapitalVia Global Research.
