KUALA LUMPUR – Pharmaceutical and rubber-glove counters have made a comeback following the re-enforcement of the conditional movement control order (CMCO) in Selangor, Kuala Lumpur and Putrajaya, which is effective tomorrow till October 27.
Sabah, too, will be under the CMCO till October 26.
In morning trade, Top Glove, IHH and Hartalega are the top three gainers among the 30 index-linked counters.
In the broader market, the top gainers’ list is also dominated by glove and pharmaceutical counters, such as Supermax and its warrants, Rubberex and Kotra Industries.
At 10.20am, Top Glove bagged nine sen to RM9.06, IHH added two sen to RM5.01, and Hartalega was four sen firmer at RM17.54.
On the top gainers’ list, Rubberex strengthened 38 sen to RM6.86, Supermax gained 26 sen to RM10.22, and Kotra Industries was 13 sen better at RM3.33.
The overwhelming demand for stocks in the two sectors pushed the healthcare index up 25.28 points to 4,079.18.
Similarly, politically linked Advance Synergy continued to gain traction to become the most actively traded stock across the board.
At 10.20am, Advance Synergy climbed 2.5 sen to 23 sen, with 138.72 million units traded, while Malayan United Industries ticked up a half-sen to 12 sen, with 22.86 milion units changing hands. – Bernama, October 13, 2020
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