KUALA LUMPUR: Bursa Malaysia continued its uptrend on Monday amid continued optimism in global equities and as rubber glove makers soared on higher forecast earnings.The FBM KLCI rose to its highest since December 2019 amid the scramble into rubber glove counters, which analysts say will continue to see robust earnings growth in the coming quarters as average selling prices increase.At 12.30pm, the benchmark index was up 9.67 points to 1,601.51. Trading volume on the local market was at an impressive 5.69 billion shares valued at RM3.25bil.Top Glove rose RM1.98 to RM23.90 to another new record while Hartalega gained 52 sen to RM17.58.Supermax meanwhile jumped RM2.14 to RM15.76 and Kossan climbed 34 sen to RM12.72.Also advancing was Texchem jumping 23 sen to 85.5 sen, Microln adding 21 sen to RM1.25 and Dufu rising 20 sen to RM6.31.Topping the most active list was PDZ surging 4.5 sen to 25 sen. Other actively traded counters included PHB up one sen to 2.5 sen and Vivocom gaining 0.5 sne to 4.5 sen.In oil markets, prices were dampened on news that Opec was expected decide on easing production cuts as the demand for the commodity stabilised.US crude dropped 40 cents to US$40.15 a barrel and Brent crude fell 41 cents to US$42.83 a barrel.
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