According to UOB Kay Hian (UOBKH) Research, planters’ share prices tend to have a higher correlation with the CPO price movements.
PETALING JAYA: The share prices of listed plantation companies may not react to the robust earnings outlook for the second half (H2) of this year due to the potential weakness in crude palm oil (CPO) prices moving forward.
According to UOB Kay Hian (UOBKH) Research, planters’ share prices tend to have a higher correlation with the CPO price movements.
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