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

Related News

Business / 4mth

Tycoon Vincent Tan trims BCorp stake further in RM115m share sale

Malaysia / 7mth

Two factors contributed to lower EPF dividends this year – CEO

Business / 2y

SC, Bursa Malaysia pledge speedier IPO approvals in 3 months for main, ACE markets

Business / 2y

Bursa opens slightly lower amid heightened Wall St volatility

Business / 2y

Bursa Malaysia opens lower on lack of fresh leads

Business / 2y

Bursa Malaysia lower in early trade amid Middle East conflict

Spotlight

Malaysia

Do not hide school safety issues to protect reputation - IGP

World

Flydubai pilot planned to crash plane into terminal at Ben Gurion Airport

Malaysia

Sabah Pan Borneo Highway: Only 4 of 35 packages complete after a decade

Malaysia

School caning was never abolished, Minster says

Malaysia

Sepang draws record crowd as Bahrain GP puts Malaysia back on F1 map

Malaysia

Irene Sofiya died from blunt-force head injuries, post-mortem confirms

Malaysia

No CCTV at spot where Irene was killed, says Minister

Malaysia

Irene’s only focus was her studies and her dream to become a doctor - aunt

You may be interested

Business

Middle East conflict puts Malaysian SMEs under growing financial pressure - BNM

Business

Oil supply risks mount as Brent tops US$102 on threat of Middle East shipping routes disruption

Business

Tabung Haji posts record RM4.64b profit on stronger investment performance