$Wilmar(F34.SG)consolidation likely until stronger buying momentum returns

Wilmar remained under pressure today, closing at $3.44 (-3.09%) after falling from an opening high of $3.55 to an intraday low of $3.37 before trimming some losses into the close. While buyers stepped in to defend support levels, overall sentiment remained cautious as selling pressure continued to weigh on NEAR term price action.Fundamentals remain relatively solid, backed by its diversified agribusiness operations, resilient earnings base, attractive valuation, and healthy dividend yield. Catalysts such as firmer palm oil prices, improving refining margins, stronger demand from China, and a broader recovery in market sentiment could help support a rebound