PETALING JAYA: The FBM KLCI inched marginally higher yesterday, up 1.09 points or 0.08% from last Friday’s close to settle at 1,428.13 points, on what was a flattish trading day with some global markets having remained closed for the Easter holiday.
PETALING JAYA: The surge in price of glove stocks in the past month is primarily a technical rebound from deeply oversold positions rather than any fundamental change in the industry performance of outlook, said analysts.
Share prices of rubber glove makers climbed on Monday (Feb 7) morning, led by Top Glove Bhd in terms of percentage gain, as the new wave of Omicron worldwide spurred renewed interest in healthcare counters.