Palm | Kelapa Sawit

FCPO-JAKARTA, July 4 (Reuters) - Malaysian palm oil futures bounced back on Monday from a low last hit in October last year, supported by firm crude prices, although investors expect further weakness due to a higher output cycle in the second half.

The benchmark September crude palm oil contract KPOc3 on Bursa Malaysia Derivatives closed 0.5 percent higher at 3,050 ringgit ($1,013) a tonne, after earlier touching a high at 3,084 ringgit.

Traded volume for the September contract was thin at 11,449 lots of 25 tonnes each, versus 14,526 lots on Friday.

REGIONAL EQUITIES-BANGKOK, July 4 (Reuters) - Thai stocks jumped nearly five percent on Monday after the opposition Puea Thai party won the weekend general election in a landslide, removing some political uncertainty from the market.

The result boosted foreign inflows to $348 million, the biggest so far this year, with strong demand for big-cap bank and energy stocks.

The benchmark SET index .SETI surged 4.7 percent to 1,090.28, the highest since May 12, outperforming smaller gains in other Southeast Asian markets, including Singapore .FTSTI and Indonesia .JKSE.