Bullish Bursa continues to be driven by glove counters | Malay Mail

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Bullish Bursa continues to be driven by glove counters | Malay Mail
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KUALA LUMPUR, July 20 — Bursa Malaysia continued its bullish momentum driven by strong demand in the healthcare counters especially glove makers. This is after all four major glove counters, TopGlove, Supermax, Hartalega and Kossan extended their winning streak by dominating the top gainers’...

Market breadth was positive with gainers surpassing losers 321 to 97, while 276 counters were unchanged, 1,278 untraded and 19 others suspended. — Bernama pic

As at 9.03am, the main index FTSE Bursa Malaysia KLCI was 10.71 points higher at 1,607.04 compared with Friday’s close of 1,596.33 as gains in TopGlove and Hartalega counters pushed the composite index up by 10.9 points.Market breadth was positive with gainers surpassing losers 321 to 97, while 276 counters were unchanged, 1,278 untraded and 19 others suspended.

In addition, more than 65 per cent of medical gloves used by US medical frontliners were produced in Malaysia. As at 9.03am, TopGlove was up RM1.32 to RM24.30, Supermax and Hartalega were up 90 sen to RM18.60 and RM18.00 while Kossan rose 86 sen to RM14.36.

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