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S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
MarketsPalm Oil

Palm Oil Heads toward Fourth Weekly Gain

Malaysian palm oil futures edged higher to above MYR 4,550 per tonne, extending recent gains. The market was also on track for a fourth straight weekly advance, up around 0.3% so far this week. Sentiment remained supported by stronger export demand, with cargo surveyors estimating that Malaysian palm oil shipments during June 1–10 rose between 3.5% and 4.9% from the same period a month earlier. Traders also tracked weather risks after Kuala Lumpur warned that El Niño could cut yields by 8% to 10% this year. However, upside was capped by a stronger ringgit and weaker rival oils in Dalian and Chicago markets. Meanwhile, crude oil continued to slide, as Middle East tensions eased, reducing support for vegetable oils. On the demand side, imports by top buyer India grew slightly in May from April’s four-month low but stayed below normal levels. Separately, industry data showed Malaysia’s inventories increased for a second month in May, underscoring ample supply.

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