KUALA LUMPUR: Glove stocks continued to attract frenzied buying early Monday as the infections and death toll from the coronavirus Covid-19 continue to spike.
At 9.16am, the FBM KLCI was up 4.7 points or 0.3% to 1,59431. Turnover was 1.26 billion shares valued at RM722.82mil. There were 374 gainers, 246 losers and 313 counters unchanged.
Reuters reported US stock futures slipped and Asian shares came under pressure in early trade as tit-for-tat consulate closures in China and the USfanned worries about worsening diplomatic ties between the world's two largest economies.
S&P500 futures dropped 0.2% while Nasdaq futures lost 0.3%. Japan's Nikkei fell 1.3%, re-opening after a long weekend. MSCI's broadest index of Asia-Pacific shares outside Japan was flat.
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