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KUALA LUMPUR: Sustained buying of Hartalega and Top Glove sent the glove makers to record highs and also helped power the FBM KLCI to the highest close in three weeks.
HONG KONG, Julty 3 (AP): Markets advanced in Asia on Friday following a Wall Street rally driven by strong jobs data.
SHANGHAI: China stocks rose for a fourth straight session on Friday, on course for its best week since March last year, as an upbeat survey showed expansion in the country's services sector.
KUALA LUMPUR: Tech and semicon related stocks were among the top gainers at midday on Friday as analysts upgraded the sector to Overweight from Neutral while the FBM KLCI was powered higher by Tenaga Nasional, Top Glove and Maybank.
TOKYO/NEW YORK: Asian shares rallied to a four-month high on Friday on robust U.S. payrolls data and a brisk pickup in Chinese service sector activity but a surge in coronavirus cases in the United States kept a lid on further risk-taking.
KUALA LUMPUR: The ringgit opened unchanged against the US dollar on Friday amid a quiet market, in line with other Asean currencies.
TOKYO: The dollar was hemmed into a narrow range on Friday, supported by safe-haven flows as a resurgence of the coronavirus in the United States discouraged some investors from taking on excessive risk.
NEW YORK Asian stocks were likely to track a firmer Wall Street session on Friday after strong U.S. jobs data although growing Sino-U.S. tensions and a worrying surge in coronavirus cases is likely to cap gains
WASHINGTON: The U.S. economy created jobs at a record clip in June as more restaurants and bars reopened, but 31.5 million Americans were collecting unemployment checks in the middle of the month, and a resurgence in COVID-19 cases suggested the labor market could suffer a setback in July.