Bursa Malaysia ends morning session higher as interest in glove stocks persists | Malay Mail

Monday, 27 Jul 2020 01:30 PM MYT

At lunch break, the benchmark FTSE Bursa Malaysia KLCI rose 4.56 points, or 0.29 per cent, to 1,594.17 from 1,589.61 at the close last Friday.Market breadth was positive with gainers outnumbering losers 510 to 448, while 392 counters were unchanged, 659 untraded and 28 others suspended.The top gainers list was dominated by glove stocks led by Kossan, which surged RM1.38 to its all-time high of RM15.18. Careplus added 53 sen to RM2.99, Comfort improved 43 sen to RM4.

A dealer said the return of double-digit Covid-19 cases in Malaysia had sparked second wave fears in the country, boosting demand for glove-linked stocks.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Can Top Glove take most valuable company on Bursa Malaysia crown?PETALING JAYA: Top Glove Corp Bhd has enjoyed a meteoric rise on Bursa Malaysia with a massive 447.1% gain year-to-date, moving from the tail-end of t...
Source: theSundaily - 🏆 25. / 51 Read more »

Bursa opens higher as bargain hunters flock to glove-linked stocks | New Straits TimesKUALA LUMPUR: Bursa Malaysia bucked the regional trend to open higher today, as bargain hunters made a comeback for rubber glove-linked stocks led by Top Glove and Hartalega after both counters succumbed to profit-taking last Friday.
Source: NST_Online - 🏆 17. / 53 Read more »