KUALA LUMPUR: Petronas Gas and Petronas Chemicals chalked up firm gains on Thursday to push the FBM KLCI above the 1,750 level amid a slight pullback on crude oil prices while the ringgit weakened against the firmer US dollar.At 5pm, the KLCI was up 4.58 points or 0.26% to 1,751.21. However, it gained 0.11% to the pound sterling to 5.4542.At Bursa, Petronas Gas jumped 58 sen to RM16.96 on firm fund buying while Petronas Chemicals added 12 sen to RM7.60 but Petronas Dagangan fell 12 sen to RM24.26. HLFG fell 48 sen to RM17.04.Semicon and tech stocks were mostly higher led by MPI, up 26 sen to RM12.76 and Globetronics 22 sen higher at RM6.70. KESM fell 16 sen to RM19.10.Among the Sime stocks, Sime Darby rose three sen to RM2.09 and Sime Plantations flat at RM5.42 while Sime Property shed one sen to RM1.39.Crude palm oil for third month delivery fell RM49 to a low of RM2,450. Hartalega and Top Glove had surged to fresh record highs earlier this week.

Source: The Star December 21, 2017 10:07 UTC