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Trading ideas: Mah Sing, Top Glove, Vitrox


KUALA LUMPUR: On Friday, investor attention could be focused on Mah Sing, Top Glove, Vitrox, Eupe Corp, Vizione
, United Plantations, Brahim s, Key Asic, Kamdar and YTL Corp, said JF Apex Research in its daily highlights report.
Mah Sing has completed the testing and commissioning of its two glove production lines in its first glove manufacturing factory.
Top Glove has downsized its Hong Kong initial public offering to raise RM4.17 bil, down from the RM7.7bil initially.
Top Glove explained that the decision on raising less money in Hong Kong came after the glove maker took into account the best interest of the existing shareholders of the company by minimising dilution to existing shareholders respective shareholding . ....

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Bursa Malaysia opens slightly lower, gloves cap downtrend | Money


Friday, 23 Apr 2021 10:00 AM MYT
At 9.10am, the FTSE Bursa Malaysia KLCI (FBM KLCI) was slightly lower by 0.28 of-a-point at 1,607.45, with gains in glove stocks limiting the downtrend. Reuters pic
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KUALA LUMPUR, April 23 ― Bursa Malaysia has opened slightly easier on the last trading day of the week amidst continued Covid-19 jitters and weaker overnight Wall Steet.
At 9.10am, the FTSE Bursa Malaysia KLCI (FBM KLCI) was slightly lower by 0.28 of-a-point at 1,607.45, with gains in glove stocks limiting the downtrend.
The market bellwether opened 0.45 of-a-point lower at 1,607.28. ....

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Mild profit-taking on FBM KLCI

Mild profit-taking on FBM KLCI
thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.

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Bursa Malaysia ends modestly higher driven by glove stocks


Bursa Malaysia ends modestly higher driven by glove stocks
23 Apr 2021 / 18:07 H.
KUALA
LUMPUR: Bursa Malaysia ended the week modestly higher, driven by steady gains in heavyweights led by rubber glove and industrial products counters as the broader market breadth also turned positive.
At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) increased 0.70 of-a-point to 1,608.43 compared to Thursday’s close of 1,607.73.
The market bellwether opened 0.45 of-a-point lower at 1,607.28 and moved between 1,605.44 and 1,610.81 throughout the day.
Overall market breadth turned positive at the last leg of trading, as gainers surpassed losers by 574 versus 478, while 454 counters were unchanged, 687 untraded and 17 suspended.
Total volume decreased to 6.55 billion shares worth RM4.19 billion from 7.90 billion shares worth RM4.98 billion on Thursday. ....

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