Planters optimistic over 2H performance

Quick Summary:

KUALA LUMPUR: Most planters are expressing optimism that the second half of the year will prove stronger due to seasonally higher fresh fruit bunch (FFB) production, said Hong Leong Investment Bank (HLIB) Research.

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For exposure, its top buys are IOI Corp Bhd with a target price of RM4.22, and Hap Seng Plantations Bhd with a target prie of RM2.21.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaIndonesia

Topics: Palm Analyst Reports /Business/Business News HLIB Plantations CPO FFB

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-10 @ 09:49:00 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 300 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 22440114

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

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Year Established: 1971

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