$Wilmar(F34.SG) experienced a volatile and weaker trading week, with the stock gradually pulling back from the $3.80 resistance region before falling sharply toward the $3.50 support zone. Market sentiment turned cautious as selling pressure increased, although buyers attempted to defend key support levels near the weekly close.

Despite the softer price action, Wilmar’s fundamentals remain relatively stable with attractive valuation levels and strong dividend support, suggesting the current weakness may still reflect a correction phase rather than a longer-term breakdown unless support levels fail further

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