Glove makers, healthcare stocks take a breather after recent rally on Wuhan coronavirus

Glove makers, healthcare stocks take a breather after recent rally on Wuhan coronavirus

The Edge Markets - Malaysia·2020-01-29 12:44

KUALA LUMPUR (Jan 29): The FBM KLCI erased early gains to trade 0.1% lower at noon today, as investors turned to profit-taking at glove counters and healthcare providers, after the recent rally arising from the Wuhan virus scare.

At 12pm, the benchmark index was 1.55 points lower at 1550.13 points, en route to extend its losses for the seventh trading day.

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