Semicon, tech stocks and glove makers rebound

TheStar Fri, Jan 22, 2021 06:05pm - 3 years View Original


The muted sentiment on Bursa was in line with the weaker key Asian markets.

KUALA LUMPUR: Semiconductor and tech related stocks and glove makers rebounded on Friday as market sentiment improved slightly but the FBM KLCI failed to close above the key 1,600 level.

At 5pm, the KLCI was up 1.94 points or 0.12% to 1,596.74. Turnover was 6.63 billion shares valued at RM4.81bil. There were 586 gainers, 535 losers and 454 counters unchanged.

The muted sentiment on Bursa was in line with the weaker key Asian markets. Japan’s Nikkei 225 fell 0.44%, Shanghai Composite 0.4%, Hong Kong Hang Seng Index lost 1.6%, Singapore’s Straits Times Index 0.85% and South Korea’s Kospi 0.64%.

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