PETALING JAYA: News of headway in the race for a Covid-19 vaccine and rotation play in stock themes sent stocks on Bursa Malaysia higher.
Taking the lead from Wall Street, the FBM KLCI along with key Asian markets rallied as early-stage data for a potential Covid-19 vaccine renewed hopes for a rapid reopening of the global economy.
Rotational plays too gripped trading activity as “healthcare” stocks took a backseat after giving way to oil and gas stocks on Monday.
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