IOI Corp, Malaysia’s second-biggest listed palm oil producer, fell the most in a week in Kuala Lumpur trading after ECM Libra Capital Sdn Bhd and RHB Research Institute Sdn Bhd downgraded the stock on slower growth prospects.
The stock slid 1.1 per cent to RM5.64 at 10:34 a.m. local time, set for its steepest decline since Feb. 10. - Bloomberg
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