Plantations power KLCI as CPO hits highest since March 2017


KUALA LUMPUR: The rally in crude palm oil (CPO) prices underpinned the plantations advance and helped lift the FBM KLCI while the broader market perked up in line with the key Asian markets on hopes of a US-China trade deal.

The KLCI closed up 4.86 points or 0.31% to 1,568.44. Turnover was 2.49 billion shares valued at RM1.54bil. The broader market improved with 497 gainers, 355 losers and 363 counters unchanged.

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