Glove makers weigh on KLCI again as pharma stocks shine


KUALA LUMPUR: Glove makers' record high prices and hopes that a Covid-19 vaccine could be found soon saw investors take some money off the table on Tuesday while pharmaceutical stocks were again in the limelight.

At 5pm, the FBM KLCI was down 13.62 points or 0.87% to 1,554.96 while year-to-date, it is down 2.13%. Turnover was 10.22 billion shares valued at RM7.62bil. Decliners beat advancers by a wide margin as there were 843 losers to 323 gainers and 344 counters were unchanged.

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