KUALA LUMPUR (March 3): The FBM KLCI mirrored regional peers’ performance to close higher by 1.18% or 18.58 points, as bargain hunters made a comeback for rubber glove-linked stocks after their shares price slumped due to developments on the Covid-19 vaccines.
At 5pm, the benchmark index closed at 1,588.45 points after trading between 1,568.67 and 1,583.43. KLCI constituents Supermax Corp Bhd, Top Glove Corp Bhd and Hartalega were among blue-chips that powered the benchmark index today.
Supermax rose 55 sen or 13.38% to close at RM4.66, Hartalega added 44 sen or 4.68% at RM9.85, while Top Glove climbed 34 sen or 7.16% to RM5.09. They were among Bursa’s top gainers by value today.
Wednesday, 03 Mar 2021 01:33 PM MYT
Market breadth was negative with losers outpacing gainers 610 to 460, while 393 counters were unchanged, 690 untraded and 9 others suspended. ― Picture by Hari Anggara
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KUALA LUMPUR, March 3 Bursa Malaysia ended the morning session mixed on moderate selling activities, but its key index remained in positive territory lifted by buying support from glove stocks.
At 12.30pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) advanced 9.03 points or 0.58 per cent to 1,578.90 from Tuesday’s close of 1,569.87.
The key index opened 7.03 points higher at 1,576.9 and moved between 1,568.65 and 1,579.16 throughout the morning session.