The Edge Malaysia·3 min read·medium
Too early to call top on plantation stocks, Kenanga stays ‘overweight’
✦AI Summary
Kenanga Investment Bank maintains an 'overweight' rating on plantation stocks, citing elevated palm oil prices driven by weather risks and geopolitical tensions. Analysts expect prices to remain high through 2027 due to El Niño-related yield impacts.
BURSA SGX Home Sector Focus Make The Edge Malaysia your preferred source on Google KUALA LUMPUR (July 7): Rising weather risk is set to keep palm oil prices elevated on top of geopolitics, providing further upside for plantation stocks, Kenanga Investment Bank said.
businesseconomyenvironment
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in