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

  • Markets Premium
  • Thursday, 04 Sep 2014

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.

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