SGX:EB5Food
First Resources (SGX:EB5) Is Up 5.1% After Macquarie’s CPO Upgrade Call Has The Bull Case Changed?
Macquarie recently rated First Resources Limited as an “outperform” stock, highlighting the company as a key upstream crude palm oil producer expected to benefit from a bullish sector outlook.
The brokerage also flagged market reforms and improving liquidity as potential catalysts for greater investor attention on under-researched small and mid-cap names like First Resources.
With First Resources’ recent share price gains, we’ll explore how Macquarie’s crude palm oil outlook could influence...