Bloomberg reported Malaysian stocks entered bull territory as glove makers extended their record rally. The KLCI close up 1.1%, extending its gain from a low in March to 21%.
At 5pm, the KLCI was up 15.75 point or 1.08% to 1,473.25 and it was the top performer among the key Asian markets. It is at the highest since March 6. However, year-to-date, the KLCI is still down 7.27%.
Turnover was 9.308 billion shares valued at RM9.308bil. The broader market saw advancers beating decliners 650 to 403 while 363 counters were unchanged.
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