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MPE M P Evans News Story

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Indonesia-focused stocks in London slide on tighter export rules

** London-listed shares of Indonesian palm oil producers M.P. Evans MPE.L slump as much as 31.8% at 1,294p, AEP Plantations ANEA.L slide as much as 25.8% to 1,650p and R.E.A. Holdings REAH.L down as much as 11.6% to 107p

** Stocks among biggest losers across the London bourse

** Indonesia to move its palm oil exports through a state agency to tighten control over natural resources and boost state revenue, the president says

** MPE logs largest single day fall since 2020

** M.P. Evans, AEP Plantations and R.E.A. Holdings warn export changes may have possible indirect impact on output prices

** YTD, MPE is up 15%, ANEA is up 22%, while REAH is down 12%

 (Reporting by Neeshita Beura in Bengaluru)

 ((Neeshita.Beura@thomsonreuters.com))

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