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Glove makers gave the FBM KLCI the much-needed lift as the Covid-19 cases rose to 4,498 – the highest since late January – while also advancing were IHH Healthcare and plantations. At 5pm, the KLCI was up 9.12 points or 0.58% to
KUALA LUMPUR: The FBM KLCI stayed in positive territory headed into the lunch break as investors hunted for oversold counters.
Blue chips snapped their losing streak on Thursday on some buying of IHH Healthcare and KL Kepong but gloves lost ground amid a weaker broader market though there were some bright spots in the economic outlook.
The FBM KLCI closed at the day's low on Wednesday, weighed down losses in banks and gloves as buying sentiment remained weak due to the rising Covid-19 numbers and also tracking the downbeat key Asian markets.
KUALA LUMPUR: The FBM KLCI continued to slide headed into midday as the rising number of Covid cases cast fears of yet another return to a movement control order.
PETALING JAYA: Maxis Bhd has been appointed by MSM Malaysia Holdings Bhd (MSM) to design, supply, commission and manage its nationwide network infrastructure.
KUALA LUMPUR (Bernama): Maxis Bhd has been appointed by MSM Malaysia Holdings Bhd (MSM) to design, supply, commission and manage their nationwide network infrastructure.
KUALA LUMPUR: The FBM KLCI returned to the 1,600-point level, extending its decline for a second day after glove stocks failed to hold on to gains made earlier in the week.
KUALA LUMPUR: The profit-taking on the FBM KLCI sped up headed into midday, in line with regional equities as investors took caution ahead of the US Federal Open Committee meeting later today.