Public Bank, Hong Leong Bank weigh but gloves rebound


KUALA LUMPUR: Selling of Public Bank and Hong Leong Bank weighed on the FBM KLCI early Monday, as Bursa Malaysia followed key Asian markets lower on the spread of the Covid-19 coronavirus but glove makers rebounded.

At 9.17am, the FBM KLCI was down 6.78 points or 0.46% to 1,481.36. Turnover was 833.07 million shares valued at RM253.98mil. The broader market was weaker with decliners beating advancers nearly three to one or 429 losers to 133 gainers and 281 counters unchanged.

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