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Haze: a possible cue for palm oil investors

Claudia Chong

Claudia Chong

Published Wed, May 10, 2017 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    WHILE the sight of haze can send some scrambling to grab N95 masks off pharmacy shelves, it might also be a cue for investors to buy something a little different - palm oil company stocks.

    A study from the National University of Singapore (NUS) has found that when the Pollutant Standards Index (PSI) level in Singapore falls within the unhealthy range, a higher PSI would mean higher palm oil stock returns.

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