AS a group, plantation stocks are expected to outperform the broader market this year on bullish outlook for crude palm oil (CPO) prices.
Year-to-date, the main board plantation index, which tracks the performance of counters like IOI Corp Bhd, PPB Oil Palms Bhd and Kuala Lumpur Kepong Bhd, is up 18.5% against the Kuala Lumpur Composite Index's (KLCI) 2.2% rise during the same period.
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