KUALA LUMPUR, July 23 — The Bursa Malaysia has climbed 59 per cent this year to make it the best performing stock exchange worldwide so far, according to Bloomberg. The Malaysian stock exchange’s rise also beat out the 43 per cent year-to-date improvement recorded at the Hong Kong Exchanges...
Thursday, 23 Jul 2020 10:50 AM MYTBloomberg puts Bursa Malaysia as the best performing stock exchange worldwide having climbed 59 per cent this year. — Picture by Firdaus Latif
The Malaysian stock exchange’s rise also beat out the 43 per cent year-to-date improvement recorded at the Hong Kong Exchanges & Clearing Ltd — the world’s largest in terms of value — even after the latter enjoyed a 10 per cent surge this week. Malaysia is home to the world’s largest glove maker, Top Glove Corporation Bhd, as well as several other major competitors that have all enjoyed a surge in demand as countries rushed to procure personal protective equipment for medical workers fighting the Covid-19 pandemic.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Glove mania boosts Bursa Malaysia as best performing stock exchangeAn analyst expects the bourse to report a record quarterly profit. FMTNews Manufacturing Bursa RubberGlove Stocks
Read more »
Bursa Malaysia ends lower, energy counters retreat | Malay MailKUALA LUMPUR, July 22 — Bursa Malaysia finished lower today as energy counters retreated at the close of trading after recording steady gains in the early session. At 5pm, the Energy Index was down 0.99 per cent with 1.63 billion shares traded. The Healthcare Index, meanwhile, saw a...
Read more »
Bursa Malaysia mixed at mid-afternoon | Malay MailKUALA LUMPUR, July 22 ― Bursa Malaysia resumed the afternoon session mixed, although the FTSE Bursa Malaysia KLCI (FBM KLCI) continues to decline. As at 3.10pm, healthcare index remained dominant as it rose 7.62 per cent, driven by demand on pharmaceutical stocks. The FBM KLCI, meanwhile,...
Read more »
Bursa Malaysia ends morning session on higher note | Malay MailKUALA LUMPUR, July 22 ― Bursa Malaysia ended the morning session on a better note driven by the healthcare index, although the FTSE Bursa Malaysia KLCI (FBM KLCI) had slightly decreased. At lunchbreak, the healthcare index rose 8.98 per cent, driven by strong demand for pharma-related equities,...
Read more »
Bursa Malaysia turns mixed at mid-morning, glove counters on profit taking mode | Malay MailKUALA LUMPUR, July 22 ― Bursa Malaysia turned mixed at mid-morning after glove maker counters experienced a market pullback due to profit-taking activities after its exponential hike since the emergence of Covid-19 pandemic. As at 11am, the main index FTSE Bursa Malaysia KLCI (FBM KLCI) was...
Read more »