Blue chips extend losses as glove makers, plantations slump

KUALA LUMPUR: Blue chips closed lower on Wednesday weighed down by losses in glove makers while a fall in crude palm oil (CPO) prices dragged plantations into the red.

At 5pm, the FBM KLCI was down 3.05 points or 0.19% to 1, 579.32. Turnover was 4.68 billion shares valued at RM3.13bil. Decliners beat advancers nearly two to one or 668 losers to 349 gainers and 449 counters were unchanged.