Blue chips perk up, CIMB underpins KLCI’s early gains

TheStar Thu, Jul 01, 2021 09:19am - 2 years View Original


KUALA LUMPUR: Blue chips perked up in early trade on Thursday, the start to the third quarter of the year, with CIMB underpinning the FBM KLCI’s early advance but the broader market was mixed.

At 9.03am, the KLCI was up 5.32 points or 0.35% to 1, 537.95. Turnover was 232.70 million shares valued at RM90.78mil. There were 179 gainers, 174 losers and 200 couhters unchanged.

Bloomberg reported Asian stocks were mixed Thursday amid a firmer dollar as traders weighed concerns about the more contagious delta strain of Covid-19 and looked ahead to a U.S. payrolls report.

Shares fluctuated in Japan and Australia and edged lower in South Korea. While the S&P 500 eked out an overnight gain, rounding out one of the best first halves since 1998 for U.S. stocks, the recent spread of the virus variant is tempering some of the optimism around the global recovery.

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