KUALA LUMPUR: IHH Healthcare helped shore up the FBM KLCI on Wednesday and pushed it into the positive zone while a recovery in Axiata and Genting Bhd shares helped.At 5pm, the KLCI was up 1.58 points or 0.09% to 1,686.55. Turnover was 1.67 billion shares valued at RM2.11bi. RHB Bank shed one sen to RM5.24.Crude palm oil for third month delivery rose RM50 to RM2,016 per tonne on stable demand outlook.IOI Corp added four sen to RM4.24, KL Kepong and PPB Group flat at RM24.44 and RM17 while Sime Plantations lost 12 sen to RM4.90.US light crude oil rose 28 cents to US$51.84 and Brent gained 13 cents to US$60.34.Petronas Dagangan fell 64 sen to RM26.46. CIMB Equities Research downgraded it from Hold to Reduce as its share price has run up on expectations of a special dividend and it believes investors may be disappointed.Petronas Chemical eased one sen to RM9.26 but Petronas Gas gained two sen to RM18.82. However, it gained 0.07 to the euro to 4.7363.

Source: thestar November 28, 2018 10:06 UTC