KLCI extends gains as plantations climb, E&O in focus

KUALA LUMPUR: Malaysia’s  blue chips extended their gains early Thursday, underpinned by gains in plantation stocks while Eastern & Oriental Bhd (E&O) was in focus after Sime Darby dispelled speculation of a takeover of the property company.

At 9.20am, the FBM KLCI was up 2.74 points to 1,874.40.  Turnover was 140.64 million shares valued at RM110mil. There were 201 gainers, 136 losers and 189 counters unchanged.