Palm oil small caps reigning supreme

TheStar Tue, Mar 23, 2021 07:10am - 3 years View Original

Palm oil small caps

PETALING JAYA: Market sentiment seems to lean towards the larger, more established palm oil companies as being the greatest beneficiaries of the crude palm oil rally.

But the phenomenon in the stock market is rather peculiar because their share prices begged to differ.

In fact, the small cap palm oil companies were the ones that have outperformed the larger brethren, from when the market bottomed out on March 19 last year and between the period when the crude palm oil price (CPO) touched RM3,000 in September last year and when it hit its stratospheric price above RM4,000 per tonne last week.


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