Bursa climbs on gloves, Petronas Gas and HL Bank’s gains

TheStar Thu, Jun 11, 2020 09:25am - 3 years View Original


KUALA LUMPUR: Bursa Malaysia chalked up gains in early Thursday trade, underpinned by buying of glove makers, Petronas Gas and also Hong Leong Bank but cautious Asian markets could prompt some profit taking later.

At 9.07am, the KLCI was up 6.8 points or 0.43% to 1,582.07. Turnover was 866.86 million shares valued at RM283.97mil. There were 314 gainers, 133 losers and 274 counters unchanged.

Retail investors have shown more confidence in the rally in recent weeks, driven by glove makers due to the Covid-19 pandemic.

Local institutions turned net sellers on Wednesday at RM67.8mil but local retail investors showed their confidence with net buying at RM66.3mil. Foreign funds were seen nibbling and were net buyers at RM1.4mil.

...

Full Article on TheStar

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

BURSA 7.460
HLBANK 19.360
KESM 6.220
MAYBANK 9.650
NESTLE 118.000
PETGAS 17.540
PPB 15.600
PRKCORP 0.445
PTT 1.200

Comments

Login to comment.