Crude palm oil rebounds, lifts plantations and KLCI (Update)


KUALA LUMPUR: The FBM KLCI snapped its losing streak to close higher on Thursday, as a rebound in the crude palm oil (CPO) prices shored up plantation stocks such as KL Kepong and PPB Group.

At 5pm, the KLCI was up 4.34 points or 0.23% to1,869.21. Turnover was 2.57 billion shares valued at RM2.11bil. There were 390 gainers, 430 losers and 352 counters unchanged.

5.5 PAYDAY OFFER: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Diversify your funding sources, says central bank
Wow factor of Woven City�
Short bets on life insurance surge
Rethinking China manufacturing
AI chips lift Taiwan, Korea equities
DPS jumps on data centre wave
Power in play
Funding the power
Secondhand luxury sellers go global
Chery on the cake

Others Also Read