KLCI bucks regional markets, closes at 2-week high (Update)


KUALA LUMPUR: Malaysia’s stock market bucked most of the key regional markets to close at a two-week high of 1,807.16 on Tuesday, supported by strong fund buying of plantations especially KL Kepong and FGV.

The surge in the KLCI surprised analysts in the absence of strong fresh newsflow especially for plantation stocks as crude palm oil for third-month delivery fell RM28 to RM2,564 per tonne.

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KLCI , Karex , Barakah , Caring , plantations , regional markets

   

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