FGV, KLK shares rise as India revised import taxes; PublicInvest 'overweight' on plantation sector

FGV, KLK shares rise as India revised import taxes; PublicInvest 'overweight' on plantation sector

The Edge Markets - Malaysia·2020-01-02 11:43

KUALA LUMPUR (Jan 2): Shares in FGV Holdings Bhd and Kuala Lumpur Kepong Bhd (KLK) rose 1.32% and 2.1% respectively in morning trades today, after India released a notification on Dec 31, 2019, confirming a cut in import taxes on crude palm oil (CPO) and refined oil from Southeast Asian (ASEAN) countries.

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