Friday 29 Mar 2024
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KUALA LUMPUR: Crude palm oil (CPO) futures rallied on May 4, in line with global commodities including soybeans, with the third-month CPO delivery in August up RM180 to RM2,715.

CPO for June delivery rose RM176 to RM2,810 and for July, it rose RM178 to RM2,773.

The equities markets also rallied in Asia, with the KLCI up 16.76 points to 1,007.5 at 4pm.

The gainers were BCHB, up 55 sen to RM8.60, Nestle 50 sen higher to RM30.25, Tanjong also 50 sen higher to RM14.60 while Shell added 45 sen to RM10.30.

Parkson added 32 sen to RM4.48, Bursa 30 sen to RM6.45 and Dutch Lady 20 sen to RM9.75.
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