Weaker CPO prices weigh on plantations


KUALA LUMPUR: Blue chips closed lower on Wednesday as weaker crude palm oil prices dragged plantations into the red while glove makers also lost ground on extended profit taking.

At 5pm, the FBM KLCI was down 2.92 points or 0.19% to 1,534.16. Turnover was 2.54 billion shares valued at RM1.95bil. There were 406 gainers, 416 losers and 400 counters unchanged.

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crude palm oil , banks , Maybank Indonesia

   

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