PETALING JAYA: JP Morgan Asia Pacific Equity Research sees buying opportunities for investors to accumulate good quality plantation stocks following a Norwegian sovereign fund’s sell-off in the sector which led to share prices in some counters coming under pressure.
In a note to investors, the research unit said the divestment of regional plantation stocks by the Norwegian Government Pension Fund Global (GPFG), appeared to be “a blanket sell-down” without company specific consideration.
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