Olam

Olam: is +2.6% at $1.765, tapping its highest levels since Nov. 19, just prior to the release of short seller Muddy Waters' critical report on the company. Maybank KE says, "there's a bit of optimism in the market now", noting Olam is recalibrating its strategy. "There's some anticipation that it's positive news." But notes, nothing has really changed for the company's outlook. Keeps a Sell call on the stock, preferring to wait for the strategy review's results.