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Gloves rally as Covid infections hit record of 13,215 cases

KUALA LUMPUR: The surge in Covid-19 infections to a record high of 13,215 cases on Thursday saw investors jumping in to pick up glove stocks which had been battered down in recent months.

At 3.48pm, the FBM KLCI was up 9.83 points or 0.65% to 1,522/15/ Turnover was 4/17 billion shares valued at RM2.66bil. There were 548 gainers, 400 losers and 465 counters unchanged.

Hartalega climbed 40 sen to RM7.66 and Top Glove 30 sen to RM4.06 and helped push up the KLCI.

Adventa jumped 34 sen to RM1.81, Careplus 27 sen to RM2.03, Supermax 23 sen to RM3.52 and Kossan 21 sen to RM3.28.

The Star Online reported Health director-general Tan Sri Dr Noor Hisham Abdullah said via twitter that the country’s total cumulative number of cases stands at 880,782.

Selangor has the highest figure with 6,120 cases - a record for the state as well.

Negri Sembilan is second highest with 1,603 cases followed by Kuala Lumpur with 1,499 cases.

https://www.thestar.com.my/business/business-news/2021/07/15/gloves-rally-as-covid-infections-hit-record-of-13215-cases

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