Tech stocks climb on Bursa but glove stocks retreat

KUALA LUMPUR: Bursa Malaysia slipped into negative territory at midday on Tuesday as glove stocks shed recent gains due to profit taking but technology and semiconductor stocks provided some respite.

At 12.30pm, the KLCI was down 1.52 points or 0.1% to 1,516.59. Turnover was 6.50 billion shares valued at RM3.22bil. There were 383 gainers, 566 losers and 411 counters unchanged.