Strict SOP for planters to fight Covid-19, says MPOA

So far no reported cases of virus outbreak in estates

Plantation sector downgraded due to negative factors

PETALING JAYA: The potential impact of the Covid-19 pandemic, coupled with the fall in crude oil prices resulted in HLIB Research downgrading the sector to “neutral” from “overweight”, and revising its crude palm oil (CPO) price assumptions downwards.

Report: Stay defensive, focus on quality stocks

Covid-19's impact drags most Asian markets lower

KUALA LUMPUR: Most key Asian markets except for China closed markedly lower on Friday as the impact of the Covid-19 continued to batter investor sentiment while the virus continued to spread.

Affin Hwang maintains 'buy' on KLK as Q1 earnings meet expectations

KUALA LUMPUR: Affin Hwang Capital research maintained its buy rating and price targer of RM26.90 on Kuala Lumpur Kepong Bhd following its 1QFY20 earnings result that came within its expectations.

KLK posts lower Q1 earnings on weaker output

KUALA LUMPUR: Kuala Lumpur Kepong Bhd reported a decline in first quarter ended Dec 31 earnings, as weaker fresh fruit bunches (FFB) output and an unrealised loss on derivative contracts blunted the benefits of higher palm oil selling prices.

Investors start to nibble on beaten down stocks

Bursa shows signs of stabilising, FBM KLCI up 1 point

Maybank IB Research upgrades TSH, Boustead Plantations to Buy

KUALA LUMPUR: Maybank Investment Bank Bhd expects Malaysian planters to report much stronger YoY and QoQ core earnings largely on crude palm oil (CPO) price recovery.

CGS-CIMB Research sees CPO trading RM2,900 to RM3,200

KUALA LUMPUR: CGS-CIMB Equities Research expects crude palm oil (CPO) prices to trade in the range of RM2,900 to RM3,200 per tonne in Jan 2020F and average RM2,300 per tonne for 2020F.

KLK to focus on improving operational efficiencies

PETALING JAYA: The strong recovery in crude palm oil (CPO) prices in the last quarter of 2019 may have improved prospects, but Kuala Lumpur Kepong Bhd (KLK) is not resting on its laurels.