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ios developer account:Top Glove, Hartalega power KLCI past key 1,600


KUALA LUMPUR: Sustained buying of Top Glove and Hartalega powered the FBM KLCI past the key 1,600 level in early Monday trade, tracking the bounce in key Asian markets. At 9.27am, the KLCI was up 8.78 points or 0.55% to 1,600.62. Turnover was 1.79 billion shares valued at RM871.61mil. There were 395 gainers, 247 losers and 367 counters unchanged. Asian shares got off to a firm start as investors wagered US earnings season would see most companies beat forecasts given expectations had been lowered so far by coronavirus lockdowns, Reuters reported. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.15%, having climbed sharply to a five-month peak last week on the back of surging China stocks. Japan's Nikkei gained 1.3% and South Korea 0.9%. E-Mini futures for the S&P 500 rose 0.2% even as some US states reported record new cases of Covid-19, a divergence that shows no sign of stopping.Last week, foreign funds were net sellers but at a smaller pace of RM270mil while local institutions and local retail investors were net buyers at RM215.5mil and RM54.5mil. Top Glove jumped RM1.92 to RM23.84, Supermax RM1.20 to RM14.82, Kossan 60 sen to RM12.98 and Hartalega 44 sen to RM17.50. The call warrants of Supermax and Top Glove also dominated the top gainers list. PDZ was the most active counter, jumping six sen to 26.5 sen with 204.72 million shares. Restraining the KLCI,

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