Plantations lead KLCI rebound (Update)


KUALA LUMPUR: Plantations led the FBM KLCI’s rebound on Thursday after recent weeks of selling pressure following weaker crude palm oil (CPO) prices while there was also some fund nibbling of Genting Malaysia and Maxis.

At 5pm, the KLCI was up 5.41 points or 0.3% to 1,829.73 in line with the firmer key Asian markets. Turnover was 1.81 billion shares valued at RM1.85bil. Advancers beat decliners nearly two to one with 609 counters up and 229 losers while 266 were unchanged.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Proton opens R&D facility at Hangzhou Bay, China
LPI Capital's 1Q net profit jumps 37%
Bursa ends early session on an uptrend
Act now to stay afloat
Plug the leaks
Oil prices pare gains on U.S. inflation concerns
Ringgit opens easier against US$ as investors await cues
TotalEnergies states commitment to increase investment in Malaysia's upstream O&G sector - Anwar
Foreign funds return to Bursa with RM292.2mil net equity purchases
FBM KLCI stays on uptrend as momentum grows

Others Also Read