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Bursa Malaysia extends gains at mid-morning | Money

KUALA LUMPUR, Feb 25 ― Bursa Malaysia extended its gains at mid-morning, but healthcare counters, including heavyweights glove makers continued to suffer from selling pressure following the start of the National Covid-19 Immunisation Programme in the the country. At 11.05am, the benchmark FTSE.

KLCI pares gains as regional markets hold steady

KUALA LUMPUR (Feb 16): The main index of Bursa Malaysia pared some of its gains in the mid-morning today against a backdrop of firm regional markets. At 10.10am, the FBM KLCI had risen 1.40 points to 1,609.47. The index earlier rose to a high of 1,612.04. Losers led gainers by 449 to 419, while 435 counters traded unchanged. Trading volume was 3.52 billion shares valued at RM1.44 billion. The gainers included Genetec Technology Bhd, Heineken Malaysia Bhd, Widetech (Malaysia) Bhd, Ark Resources Holdings Bhd, Sapura Industrial Bhd, Hengyuan Refining Company Bhd and Malaysian Pacific Industries Bhd. The actively traded stocks included DGB Asia Bhd, ARB Bhd, Dagang NeXchange Bhd (DNeX), Luster Industries Bhd and Fintec Global Bhd.

KLCI reverses earlier gains as glove makers, plantation stocks drag

KUALA LUMPUR (Feb 5): The main index of Bursa Malaysia reversed its earlier gains and dipped in the mid-morning as glove makers and plantation stocks dragged against a backdrop of mixed regional markets. At 10am, the FBM KLCI had fallen 2.82 points to 1,582.08. The index earlier rose to a high of 1,590.47. Gainers edged losers by 399 to 361, while 415 counters traded unchanged. Trading volume was 1.56 billion shares valued at RM850.08 million. The decliners included Nestle (Malaysia) Bhd, Kuala Lumpur Kepong Bhd (KLK), Supermax Corp Bhd, Unisem (M) Bhd, Top Glove Corp Bhd, PPB Group Bhd, United Plantations Bhd and Batu Kawan Bhd. The actively traded stocks included i-Stone Group Bhd, Trive Property Group Bhd, Luster Industries Bhd, QES Group Bhd, Iris Corp Bhd and Fintec Global Bhd.

Bursa bounces higher on Health DG s comments

12:59 PM MYT KUALA LUMPUR: Bursa Malaysia advanced on a relief rebound on Tuesday following the Health Director General s comment that there probably would not be an further extension of the movement control order past Feb 4. At 12.30pm, the FBM KLCI was up 8.07 points to 1,584.68, after having risen to a high of 1,609.19 earlier in the day. Tan Sri Dr Noor Hisham Abdullah said yesterday the current extension of the MCO should reduce the number of coronavirus case numbers to bring the country back to a conditional movement control order by February. Investors saw this as a sign that the recent selling on the stock exchange has been overdone, leading to a bout of bargain-hunting.

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