The FBM KLCI ended the day marginally lower as selling from foreign funds remained. Though we expected a swift rebound from the index, it did not happen as investors were mostly sidelined.
“Nonetheless, we are hopeful that the recent surge in CPO price will attract some buying interest in plantation stocks.
“For today, we anticipate the index to hover within 1,610-1,620 range,” Rakuten says.
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