Unlike mining stocks, plantation stocks performed quite well year-to-date. Well, Bakrie Sumatra Plantations (UNSP), the worst performing stock in the sector, only lost 30.5% YTD, while BW Plantation gains 20.5%. Plantation stocks were somehow shielded from falling crude palm oil (CPO) prices, which retreated to below RM3000 on Thursday (June 7).
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