The benchmark FTSE Bursa Malaysia KLCI rebounded from its recent losses to finish the day 4.88 points higher at 1,582.52 against 1,577.64 at yesterday's close. — Picture by Firdaus LatifKUALA LUMPUR, May 12 ― Bursa Malaysia ended the half-day trading day today modestly higher despite minor volatility in its key index, thanks to gains in banking and rubber glove stocks.
Amid relatively thin trading ahead of the long holiday break, total volume shrank to 2.59 billion shares worth RM1.92 billion from 5.5 billion shares valued at RM2.9 billion on Tuesday. Main gainers among the index-linked counters were rubber glove stocks, namely Supermax and Top Glove which advanced by 3.0 per cent and 3.3 per cent respectively, in tandem with current daily Covid-19 cases, which remain elevated in Malaysia and other countries such as India.
However, PChem fell 12 sen to RM8.10, Tenaga eased four sen to RM9.87, and IHH Healthcare lost 13 sen to RM5.45.
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