Markets bullish on news of vaccine development


In Malaysia, glove makers mostly fell as news on the Covid-19 vaccine development gathered pace on the international front, while pharmaceutical stocks recorded gains. The decliners included Supermax Corp Bhd, which fell 52 sen to RM17.88; Comfort Gloves Bhd, down nine sen to RM4.02; and Rubberex Corp (M) Bhd, which fell eight sen to RM3.56.

PETALING JAYA: Risk appetite perked up globally, with all Asia-Pacific markets in positive territory, while European markets also opened broadly higher as at press time yesterday.

In Malaysia, glove makers mostly fell as news on the Covid-19 vaccine development gathered pace on the international front, while pharmaceutical stocks recorded gains.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Decarbonising cement: Are we ready?
After a homeowner passes
A stinky nuisance: When septic tanks burst
Ringgit to trade in tight range of 4.46-4.48 versus US dollar next week
Building a firm facade
Portfolio positioning under Trump era
EQ expands to Thailand
RHB, CGC in LCTF portfolio guarantee deal
Market struggles to find direction
Sapura Energy ‘in a good place now’

Others Also Read