Thursday, 15 March 2012

Plantations top losers midday

KUALA LUMPUR (March 15): PLANTATION []s were the top losers in the morning on Thursday but volume was relatively thin, as investors took profit after the recent run-up.

At 11.52am, Far East was down 38 sen to RM7.22, PPB 18 sen to RM16.80, Batu Kawan 14 sen to RM18.54 and IOI Corp eight sen lower to RM5.24.

The FBM KLCI shed 0.09 of a point to 1,575.62. Turnover was 569.98 million shares valued at RM567.17 million. There were 230 gainers, 352 losers and 316 stocks unchanged.

Crude palm oil prices for May delivery dipped RM1 to RM3,384 a tonne.



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