Market breadth was positive, with gainers leading losers 245 to 159, while 319 counters were unchanged, 1,274 untraded and 56 others suspended. — Reuters pic
“That looks to persist over the near term as the market has brightened up again by the rally in glove makers stocks,” it said, adding that the stronger ringgit, which is traded higher against the US dollar this morning, may provide some impetus for further gains. “Support levels for the index are at 1,550, 1,580 and 1,600, while the resistance levels are at 1,610, 1,622 and 1,636,” it said in a separate note.
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Bursa Malaysia ends morning session higher as interest in glove stocks persists | Malay MailKUALA LUMPUR, July 27 — Bursa Malaysia shrugged off concerns over the rising tensions between the United States and China by ending the morning session higher today, as buying interest in glove stocks persisted. At lunch break, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI)...
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Bursa Malaysia ends above 1,600 level on craze for glove stocks | Malay MailKUALA LUMPUR, July 28 — Bursa Malaysia closed at its intra-day high today, as appetite for glove counters intensified amid the resurgence of new Covid-19 cases globally. At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) jumped 18.46 points, or 1.16 per cent, to 1,609.94 from 1,591.48 at...
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