Remember the LORD for it is he who gives you the ability to produce wealth and so confirms his covenant... Deut. 8:18

Tuesday, November 23, 2010

Resources Fund Price Reverses


Osk Uob Resources unit fund price dived from recent peak of 70 sen to 67.14 sen within 10 days, taking a 5 % loss. Among its investment poftfolio are agribiz giant Wilmar SG ( share price nosediving 12 %) and both mining giants BHP (AU) and RIO (AU) taking 5 % drop in share prices. CPO price also continue to dip from recent high of RM3370 to RM3115 ( 8 % )

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