Plantations lead KLCI rebound (Update)


KUALA LUMPUR: Plantations led the FBM KLCI’s rebound on Thursday after recent weeks of selling pressure following weaker crude palm oil (CPO) prices while there was also some fund nibbling of Genting Malaysia and Maxis.

At 5pm, the KLCI was up 5.41 points or 0.3% to 1,829.73 in line with the firmer key Asian markets. Turnover was 1.81 billion shares valued at RM1.85bil. Advancers beat decliners nearly two to one with 609 counters up and 229 losers while 266 were unchanged.

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