Bursa ends lower on rubber glove counters sell-offs

BURSA Malaysia ended the day in negative territory due to sell-offs in rubber glove counters such as Top Glove, Supermax and Hartalega; all of which declined by more than 1.0 per cent, dragging the Bursa Malaysia Healthcare index down by 0.7%.

At 5 pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 6.74 points to 1,594.8 from 1,601.54 at yesterday’s close.

The index opened 6.89 points higher at 1,608.43 and moved between 1,594.31 and 1,615.22 throughout the day.

On the broader market, losers led gainers 812 to 347, while 413 counters were unchanged, 549 untraded and 30 others suspended.

Total volume was higher at 6.71 billion units worth RM4.28 bil from 5.85 billion units worth RM4.38 bil on Wednesday. – Jan 21, 2021

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