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We Like United Plantations Berhad's (KLSE:UTDPLT) Returns And Here's How They're Trending
Analysts Expect CPO Stockpile to Increase, Impacting Prices
Analysts expect the crude palm oil (CPO) stockpile to increase in the coming months, potentially exerting downward pressure on prices. In their research notes on Monday, analysts from Maybank Investment Bank Bhd (Maybank IB), Hong Leong Investment Bank Bhd (HLIB) and Public Investment Bank Bhd forecast CPO inventories to continue rising, thus they maintained their 'neutral' call on the plantation sector.
Malaysia Closing Bell on 26 Apr | CDB Was the Top Gainer of FBM KLCI
CDB was the top gainer, rising 1.95 percent to close at RM 4.180. The top loser was PMETAL, losing 1.47 percent to end at RM 5.350.
United Plantations Logs Higher Profit in Q1
United Plantations' (KLSE:UTDPLT) profit attributable to owners rose to 132.9 million ringgit in the first quarter from 112.1 million ringgit a year earlier, according to a Wednesday filing with Bursa
MY Morning Wrap | United Plantations Reports 18.54% YoY Growth in Q1 FY2024 Net Profit
Stocks to watch: United Plantations, Hibiscus Petroleum.
Malaysia Closing Bell on 19 Apr | PMETAL Was the Top Gainer of FBM KLCI
PMETAL was the top gainer, rising 3.03 percent to close at RM 5.440. The top loser was MRDIY, losing 2.01 percent to end at RM 1.460.
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