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Haze: a possible cue for palm oil investors
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Claudia Chong
Published Wed, May 10, 2017 · 09:50 PM
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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