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KUALA LUMPUR (May 13): Stock trading volume in Bursa Malaysia rose to a record high today, after 7.69 billion shares worth RM3.86 billion were traded on the exchange at 3:33 p.m.
At 3:36 pm, Bursa registered a volume of 7.77 billion shares, valued at RM3.9 billion.
Bursa’s all-time high trading volume was on August 20, 2014, when the exchange recorded the transaction of 7.67 billion shares.
At a glance today, the stocks and warrants of HLT Global Bhd (HLT-WA) recorded significant transactions today. At 3:45 pm, HLT-WA was the most commercialized with a volume of around 453 million units.
HLT shares recorded the transaction of some 282 million units.
The manufacturer of the HLT glove dip line is in the limelight, in expectation of increased demand for rubber gloves due to the specter of a resurgence of Covid-19 infection.
Earlier today, Bursa’s healthcare index rose 171.34 points or 10.69% to 1,773.99 on the stock market recess as concerns about a second wave of Covid-19 infections led to the purchase of shares in companies. related to medical care, including rubber glove manufacturers and hospital operators.
At 12:30 p.m., Bursa’s top three winners were glove makers Top Glove Corp Bhd, Hartalega Holdings Bhd, and Supermax Corp Bhd. Other notable winners included IHH Healthcare Bhd hospital operator.
Globally, stocks and oil prices were reported to have fallen on Wednesday as fears of a second wave of coronavirus infections gripped financial markets.
Reuters They reported that investors, many of whom face heavy losses due to the asset jolt caused by a pandemic in recent months, have also had to contend with renewed trade tensions between the United States and China.
Asian stocks reportedly fell on Tuesday, due to growing concerns about a second wave of coronavirus infections, after the Chinese city where the pandemic originated reported its first new cases since its blockade was lifted. The central Chinese city of Wuhan reported five new cases on Monday, raising questions about efforts to reduce coronavirus-related restrictions across the country as businesses restart and people return to to work.
