Plantations advance as CPO prices to climb


KUALA LUMPUR: Plantation stocks rose on Friday as analysts expect crude palm oil (CPO) prices to rise on rising demand for palm oil for energy use amid a decline in inventory.

At 10.56am, the FBM KLCI rose 4.78 points to 1,725.75. Turnover was 403.61 million shares valued at RM324.58mil. There were 235 gainers, 190 losers and 248 counters unchanged.

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