BURSA Malaysia has bucked the regional markets’ downtrend to end higher today, underpinned by gains among the heavyweights, especially Top Glove Corporation Bhd.
At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 8.81 points to finish at 1,631.7.
The barometer index stayed in positive territory throughout the day, moving between 1,624.95 and 1,631.72.
Contributing a substantial 7.79 points to the composite index, Top Glove saved Bursa Malaysia from joining the regional bandwagon after rising 49 sen or 7.42% to RM7.09, with 85.25 million shares changing hands.
The rubber glove maker is expected to announce its quarterly results tomorrow. – Dec 8, 2020
