Business

Sell-offs in rubber glove counters drag Bursa down

Top Glove, Supermax, Hartalega decline more than 1%

Updated 5 years ago · Published on 21 Jan 2021 6:06PM

Sell-offs in rubber glove counters drag Bursa down
The slide in rubber glove counters this evening pulls the Healthcare index down 0.7%. – Pixabay pic, January 21, 2021

KUALA LUMPUR – 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 more than 1%.

This dragged the Healthcare index down 0.7%.

At 5pm, the benchmark FTSE Bursa Malaysia 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 suspended.

Total volume was higher at 6.71 billion units worth RM4.28 billion from 5.85 billion units worth RM4.38 billion yesterday. – Bernama, January 21, 2021

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