Sime Darby gains after price estimate raised

Sime Darby Bhd, the country’s biggest listed palm oil producer, gained 3.1 per cent to RM9.75, set for its highest close since May 15, 2008.

ECM Libra Financial Group Bhd raised its price estimate for the stock to RM9.82 from RM9.16 in a report today. -- Bloomberg



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