09/03/2012 (Business Times) - Sime Darby Bhd, a plantation, auto and property group, gained 1.2 per cent to RM9.92 as of 9:42 a.m. in Kuala Lumpur, snapping a two-day, 2 per cent slide.

Plantation stocks may outperform if palm oil rallies in the second quarter, CIMB Group Holdings Bhd wrote in a report today. The brokerage maintained its trading buy on plantation stocks because of its short-term “bullish” view on palm oil prices and cited Sime among its top Malaysian picks. -- Bloomberg