Crude Palm Oil (CPO) low stockpiles aggravated by flooding in Malaysia's east coast region has driven up CPO prices that prompted investors to acquire plantation stocks. Kuala Lumpur Kepong Bhd (KLK) and United Plantations Bhd today topped the gainers' list at closing. KLK rose 70 sen intraday to settle at RM21.56 on a volume of 193,800 units/shares, while United Plantations climbed 36sen to close at RM30.66 on a turnover of 453,600 units/shares.
Consumer electrical manufacturer Panasonic Manufacturing Malaysia Bhd became the top declier, shedding 32 sen to RM17.88 on a volume of 117,600 units/shares.
A Main board consumer listing with diverse operations including the automotive segment, Hong Leong Industries Bhd today ranked second on the decliners' list, giving up 22 sen to RM15.00 on a volume of 68,600 units/shares.
Nutraceutical and pharmaceutical manufacturer Kotra Industries Bhd became the third-ranking decliner which slid 21 sen to RM4.37 on a moderate turnover of 1,000 units/shares.
On the broader market, decliners led gainers by 549 to 497, while 490 counters were unchanged.
Exchange-wide turnover reached more than 2.83 billion1 units/shares valued at over RM2.37 billion2.
Top gainers and top decliners for today:
2,830,043,600 units/shares ︎
RM2,372,839,106 ︎
