Friday 2 December 2011

Tradewinds leads planters higher

Tradewinds Plantation Bhd rose the most in ten months in Kuala Lumpur trading, leading a gain by plantation stocks after palm oil futures climbed for the first time in eight days.

Tradewinds jumped 8.4 percent to RM4.25 at 9:30 a.m. local time, set for its steepest gain since Feb. 2.

Kuala Lumpur Kepong Bhd added 0.9 percent to RM22 and Sime Darby Bhd advanced 1.2 percent to RM9.15.

Palm oil futures rose 1.3 percent in Malaysia yesterday, snapping a seven-day slump. -- Bloomberg



Get your T+10 interest FREE margin trading account NOW. Attractive brokerage for online trading. Contact Mr Ho at +603-5192 0808 or hoxian@sjsec.com.my for more details.
Related Posts Plugin for WordPress, Blogger...