Bursa ekes out slight gains as gloves and tech lead

TheStar Thu, Sep 10, 2020 09:18am - 3 years View Original


KUALA LUMPUR: Bursa Malaysia eked out slight gains early Thursday as investor sentiment was shored by the firmer overnight close on Wall Street, with glove makers and tech counters among the top gainers.

At 9.09am, the FBM KLCI was up 1.39 points or 0.09% to 1,498.11. Turnover was 466.02 million shares valued at RM262.52mil. There were 419 gainers, 94 losers and 240 counters unchanged.

Bloomberg reported Asian stocks opened firmer after US equities rebounded from a three-day rout, with buyers pushing the tech-heavy Nasdaq 100 to its best day since April. The dollar steadied after declines.

Shares rose in Japan, South Korea and Australia. S&P 500 futures fluctuated after the index rose the most since June, though finished well off session highs.

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