Bursa joins global markets rally on EU stimulus plan

TheStar Tue, Jul 21, 2020 05:51pm - 3 years View Original


At Bursa, tech stocks and drug makers Pharmaniaga and Duopharma were among the top gainers, taking over from the glove makers which had rallied over the past weeks to dizzying heights over the Covid-19 pandemic.

KUALA LUMPUR: Bursa Malaysia joined the rally in European and Asian markets after European Union leaders sealed a 750bil euro (US$857bil) post-pandemic stimulus plan folowing a marathon five-day meeting.

At 5pm, the FBM KLCI was up 6.48 points or 0.41% to 1,595.93 and year-to-date, it is up 0.45%.

Turnover was 9.34 billion shares valued at RM5.39bil. Advancers beat decliners 634 to 428 while 407 counters unchanged.

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