Plantation stocks head south on weaker CPO price outlook
KUALA LUMPUR (June 18): Plantation stocks headed south this morning, after an analyst forecast crude palm oil (CPO) prices to continuously come under pressure in the second half this year, due mainly to the strengthening of the US dollar and stronger production outlook.
As at 11am, Kuala Lumpur Kepong Bhd fell 3.77% to RM24, while IOI Corp Bhd was down as much as 2.98% to RM4.56.
Meanwhile, Sime Darby Plantation Bhd, which was recently included in the Dow Jones Islamic Market Malaysia Titans 25 Index, too declined 3.63% to RM5.31 so far.
Amazon’s getting crazy with the Alexa updates this year. The trillion-dollar empire today announced dozens of upcoming features for its virtual assistant, the majority of which should roll out on Echo devices by year’s end. Read on to learn about the ones we’re most excited about. First up is a feature I’ve been waiting for since the moment I met Alexa: A way to quiet it down without walking across the room and changing the volume. Amazon introduced Whisper Mode today, a feature that’ll let you whisper a command to Alexa, prompting it to respond with a whisper of its… This story continues at The Next Web
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