Business

Top Glove gains push Bursa higher at lunch break

Rubber glove maker up 33 sen to RM6.93, with 42.27 million units changing hands

Updated 5 years ago · Published on 08 Dec 2020 1:10PM

Top Glove gains push Bursa higher at lunch break
Top Glove is expected to announce its quarterly results tomorrow. – Facebook pic, December 8, 2020

KUALA LUMPUR – Gains in Top Glove continued to support the key index on Bursa Malaysia to close the morning session on a firm note despite mixed regional peers.

At 12.30pm, the benchmark FTSE Bursa Malaysia KLCI gained 3.94 points to 1,626.83 after moving between 1,624.95 and 1,631.72 throughout the session.

Top Glove was the biggest gainer among the index-linked counters, contributing 5.248 points to the rise in the composite index.

The rubber glove maker, which is expected to announce its quarterly results tomorrow, increased 33 sen to RM6.93, with 42.27 million shares changing hands. – Bernama, December 8, 2020

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