By
At 0119 GMT, Olam shares were up 4.4 percent at S$2.37 on a volume of 1.7 million shares. In comparison, the Straits Times Index was 1.5 percent higher. Olam stock had fallen 5 percent on Monday amid broad market weakness. Sunny Verghese, Olam's chief executive officer, told Reuters on Monday the growing demand for food and shrinking supply would support prices in the long run.