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Recovery-theme stocks make a comeback, supporting Bursa Malaysia at mid-afternoon | Malay Mail

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KUALA LUMPUR, Feb 23 — Bursa Malaysia continued to stay in the green at mid-afternoon as recovery-theme sectors such as gaming and aviation came back on investors’ radar following the delivery of the Covid-19 vaccine. At 3.05pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) pared earlier...

Tuesday, 23 Feb 2021 04:05 PM MYT

At 3.05pm, the benchmark FTSE Bursa Malaysia KLCI pared earlier gains but still went up 3.43 points, or 0.22 per cent, to 1,573.89 from 1,570.46 at Monday’s closing.On the broader market, losers pipped gainers by 567 to 557, while 435 counters were unchanged, 638 untraded and nine others suspended.Gains in the 30 FBM KLCI constituents were led by Genting Bhd, which rose 17 sen to RM4.65, followed by Genting Malaysia which increased 11 sen to RM2.87.

Following the vaccine roll-out, rubber glove-linked heavyweights continued to suffer selling pressure.

 

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