Bursa perks up on IHH, glove makers’ gains

TheStar Wed, Jan 22, 2020 09:52am - 4 years View Original


KUALA LUMPUR: Bursa Malaysia started Wednesday on a firmer footing as investors picked up healthcare stocks and glove makers following the outbreak of the new strain of coronavirus from China.

At 9.37am, the KLCI was up 6.76 points or 0.43% to 1,594.09. Turnover was 727.28 million shares valued at RM334.81mil. There were 227 gainers, 221 losers and 289 counters unchanged.

At Bursa on Tuesday, foreign funds were net buyers at RM49mil while local institutions were net sellers at RM37.8mil and retail investor RM11.1mil.

Reuters reported Asian share markets steadied as investors took stock of the spread of coronavirus and weighed the possible consequences of a global pandemic.

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