MMC Corp under pressure, CPO prices fall (Update)


KUALA LUMPUR: MMC Corporation continued to come under some selling pressure on Tuesday over a possible delay in the listing of Malakoff while plantation stocks, tracking the decline in crude palm oil (CPO) futures.

At 12.30pm, the FBM KLCI fell 0.86 of a point to 1,870.23. Turnover was 1.23 billion shares valued at RM803.23mil. There were 334 gainers, 371 losers and 325 counters unchanged.

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