KUALA LUMPUR: Bursa Malaysia eked marginal gains amid a mixed market as investors’ risk appetite was tempered by the ongoing US-China tensions except for glove makers, which continued to see strong buying interest.
At 9.28am, the FBM KLCI was just up by 1.04 points or 0.07% to 1,452.77. Turnover was 1.28 billion shares valued at RM695.17mil. There were 245 gainers, 316 losers and also 316 counters unchanged.
Reuters reported Asian shares and US stock futures rose as growing optimism about economic recovery from the coronavirus pandemic trumped immediate concerns about a standoff between the United States and China over Hong Kong.
MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.5%.
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