Bursa slightly higher but Fed’s grim forecast slams Asian markets


Top Glove’s 99 sen gain to RM10.30 powered the index up 3.95 points.

KUALA LUMPUR: Bursa Malaysia eked out slight gains on Thursday, thanks to gains in IHH Healthcare and Top Glove, but Key Asian markets were slammed by warnings from the US Federal Reserve and the WHO.

At Bursa, the FBM KLCI closed up 0.12 point or a mere 0.01% to 1,397.25. Turnover was seven billion shares valued at RM4.04bil. Decliners beat advancers 616 to 345 while 327 counters were unchanged.

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