Glove makers weigh down KLCI

TheEdge Tue, Dec 29, 2020 04:00pm - 3 years View Original


KUALA LUMPUR (Dec 29): Bursa Malaysia continued to trade lower in the afternoon with the key index weighed down by index-linked glove makers amid the Covid-19 vaccine roll-out.  

As at 3.15pm, the benchmark FBM KLCI had shed 6.13 points to 1,637.77.  

The overall market breadth skewed towards negative territory with losers outpacing gainers 601 to 490, while 466 counters were unchanged, 571 untraded and 22 others suspended.

Volume stood at 6.51 billion units worth RM2.81 billion.

Glove makers Hartalega Holdings Bhd slid 56 sen to RM11.90, Top Glove Corp Bhd declined 19 sen to RM6.07 and Supermax Corp Bhd weakened 31 sen to RM6.08.  

Among other heavyweights, Malayan Banking Bhd (Maybank) rose four sen to RM8.58, Petronas Chemicals Group Bhd (PetChem) added one sen to RM7.50, IHH Healthcare Bhd gained two sen to RM5.74 and CIMB Group Holdings Bhd added three sen to RM4.33, whie Hong Leong Bank Bhd (HLB) and Maxis Bhd were flat at RM18.60 and RM5.07 respectively. 

Among the actives, Techna-X Bhd rose 3.5 sen to 17.5 sen, Mestron Holdings Bhd increased one sen to 22.5 sen, Puncak Niaga Holdings Bhd expanded 6.5 sen to 46.5 sen, Sarawak Cable Bhd soared 22 sen to 56.5 sen, AT Systematization Bhd was flat at 20 sen and Iris Corp Bhd edged down half a sen to 43.5 sen. 

On the index board, the FBM Emas Index decreased 35.07 points to 11,812.94, the FBMT 100 Index fell 37.27 points to 11,563.38, the FBM 70 went down 25.60 points to 15,171.89, the FBM Emas Shariah Index gave up 63.79 points to 13,191.96 and the FBM ACE strengthened 40.85 points to 10,720.64. 

The Industrial Products and Services Index added 0.13 of a point to 177.28, the Financial Services Index increased 34.67 points to 15,462.96 and the Plantation Index shredded 13.69 points to 7,417.32. 

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