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CPO Share Ratings Maintained at Overweight

The CPO shares are indicated as having positive fundamentals.

Selasa, 16 Februari 2010, 11:47 WIB
Antique
  (VIVAnews/Tri Saputro)

VIVAnews - PT CIMB Securities Indonesia maintains the rating of agricultural sector as overweight after going over data of crude palm oil in the last 10 years, which shows the importance of the sector toward the economy.

The securities company in its research today announced that the sector is deemed the largest contributor to export by 11 percent in late 2009; making available job opportinities; and providing incentives for downstream industries.

CIMB Securities acknowledged that the CPO shares are indicated as having positive fundamentals.

The securities suggested that the big cap on agricultural sector such as PT Astra Agro Lestari (AALI) and the small cap like PT Sampoerna Agro Tbk should be accumulated.

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Translated by: Bonardo Maulana W



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