Haze: a possible cue for palm oil investors

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.