Bursa Malaysia Stock Watch

Plantations sector a 'trading buy' at CIMB

kltrader
Publish date: Mon, 31 Jan 2011, 09:43 AM
kltrader
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Crude palm oil prices may fall in the short term on concern that unrest in Egypt may weaken import demand and prompt traders to liquidate their speculative positions, CIMB Investment Bank Bhd said in report today.

The plantations sector was maintained as a 'trading buy' because the impact is expected to be temporary, according to the report. -- Bloomberg
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