Blue chips barely higher, CPO hits 10-month low


KUALA LUMPUR: Blue chips were marginally higher at midday on Tuesday, underpinned by gains in DiGi and YTL Corp, but the broader market saw some profit taking on Petronas-linked stocks and Tenaga.

At midday, crude palm oil (CPO) futures for third-month delivery fell to the lowest since Oct 18, 2011. It was down RM36 to RM2,835 per tonne on expectations that prices would be impacted by the higher stockpile.

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