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Lower palm-oil futures hit plantation stocks
by hlk Tue 24 Apr 2012, 20:56
At 12.30pm in Kuala Lumpur, IOI Corp slid 0.9 per cent to RM5.30, poised for its biggest decline since March 28.
Pinehill Pacific Bhd fell 2.2 per cent to 45 sen and Rimbunan Sawit Bhd lost 1.8 per cent to RM1.08.
Palm-oil futures in Malaysia fell 0.7 per cent to RM3,451 (US$1,124) a metric ton, headed for its lowest level since March 30. -- Bloomberg
Pinehill Pacific Bhd fell 2.2 per cent to 45 sen and Rimbunan Sawit Bhd lost 1.8 per cent to RM1.08.
Palm-oil futures in Malaysia fell 0.7 per cent to RM3,451 (US$1,124) a metric ton, headed for its lowest level since March 30. -- Bloomberg
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