KLCI rises to 6.5-month high as glove maker rally continues


KUALA LUMPUR: Bursa Malaysia continued its uptrend on Monday amid continued optimism in global equities and as rubber glove makers soared on higher forecast earnings.

The FBM KLCI rose to its highest since December 2019 amid the scramble into rubber glove counters, which analysts say will continue to see robust earnings growth in the coming quarters as average selling prices increase.

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Bursa Malaysia , FBM KLCI , equities , crude oil

   

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