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La Niña Phenomenon Raises Palm Oil Supply Risks: Could It Boost Prices? Analysts Divided
La Niña Phenomenon brings supply risks, palm oil prices likely to continue rising in the second half of 2024.
Steady Recovery Expected For Indonesia Despite Slow Q2
Indonesia's export growth slowed to a three-month low in June, increasing by 1.2% year-on-year, falling short of market expectations of 5.1%, according to a report by Kenanga Investment Bank (Kenanga) today (July 16, Tuesday). Despite this moderation, exports remained positive for the third consecutive month, with the non-oil and gas sectors showing resilience amidst challenges.
WCT Shares Jump After Contract Win
By Ying Xian Wong WCT Holdings shares surged after the Malaysian construction company secured a $45.8 million contract. Shares of the company jumped as much as 9.9% in Tuesday morning trade, and
WCT Holdings Cut to Underperform From Outperform by Kenanga IB >9679.KU
WCT Holdings Cut to Underperform From Outperform by Kenanga IB >9679.
KENANGA MAINTAINS 2024 SALES GROWTH FORECAST AT 8.0 PCT
REITs Not Great Alternative to Cash, Says Kenanga
Kenanga Research said real estate investment trusts (REITs) are not the best alternative to holding cash, while reiterating its 'neutral' call on the sector.
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