PETALING JAYA: A sense of renewed political stability and optimism on the earnings of rubber glove makers fuelled the FBM KLCI onward while major indexes in the region tanked.
The political ceasefire and Umno’s support for the Perikatan Nasional government boosted market sentiment while the strong quarterly earnings recorded by Supermax Corp Bhd and Hartalega Holdings Bhd anchored the uptrend in glove counters yesterday.
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