KUALA LUMPUR, July 28 ― Persistent buying in glove makers Hartalega and Top Glove amidst the worldwide resurgence in Covid-19 cases has propelled Bursa Malaysia to end the morning session higher today. At lunch break, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) shot up 11.14 points, or 0.70...
Tuesday, 28 Jul 2020 01:41 PM MYT
At lunch break, the benchmark FTSE Bursa Malaysia KLCI shot up 11.14 points, or 0.70 per cent to 1,602.62 from 1,591.48 at Monday's close. “At the same time, we reckon that technology stocks may garner further interests, taking the cue from gains on the overnight Nasdaq Composite Index which rose 1.7 per cent to finish slightly below the record high level,” it said in a note today.
Meanwhile, of the heavyweights, gainers were led by Hartalega, which added RM1.20 to RM19.50, as well as Top Glove, which garnered 36 sen to RM26.24, while Nestle was RM1.90 higher at RM141.00, Hap Seng increased 17 sen to RM8.82 and Maxis ticked up five sen to RM5.24.
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