KUALA LUMPUR – Bursa Malaysia bucked the regional trend to open higher this morning, spurred by buying support in index-linked counters led by Top Glove.
At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) gained 4.22 points to 1,627.11 after opening 2.55 points better at 1,625.44.
Top Glove lifted the composite index by 1.272 points after rising eight sen to RM6.68 with 1.99 million shares changing hands.
The Employees Provident Fund (EPF) had yesterday disposed of another 7.15 million shares in Top Glove, reducing its holding in the world’s largest medical glove maker to 5.63%.
The retirement fund sold the shares in a single tranche on December 2. – Bernama, December 8, 2020
