Pall of gloom clearing fast over Bursa Malaysia


The jump in crude oil prices drove Petronas Dagangan 22 sen higher at RM20.28 and Petronas Chemicals 18 sen to RM5.74.

KUALA LUMPUR: The pall of gloom over the stock markets including Bursa Malaysia, battered by the Covid-19 pandemic, have been clearing up as news about a possible vaccine, cheered investors and also lifted energy stocks.

Trading volume, which surged to a fresh record of 11.21 billion shares on Monday, continued to draw in more investors early Tuesday, including punters. However, some fundamentals have underpinned the rebound as oil prices recover and vaccine hopes.

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