Healthcare counters on Bursa Malaysia continued to be the focus of investors' attention during Monday's trading session with concerns over cases involving Covid-19 infection seen to be on the rise.
In the morning trading session, the rubber glove market comprising Top Glove Corp Bhd, Supermax Corp Bhd, Careplus Group Bhd, Kossan Rubber Industries Bhd and Hartalega Holdings Bhd led gains on the Bursa Healthcare index, where it climbed 2.34% or 46.67 at 2,043.90. eyes.
Top Glove rose 11 sen or 6.59% at RM1.78, Supermax reached 8 sen or 7.55% at RM1.14, Careplus jumped 9.5 sen or 16.38% at 67.5 sen, Kossan added 8 sen or 4.37% at RM1.91 and Hartalega blossomed 28 sen or 6.51% at RM4.58.
Other stock components in the Bursa Healthcare index also saw an increase with Adventa Bhd reaching 9.5 sen or 11.18% at 90 sen while Pharmaniaga Bhd rose 0.5 sen or 0.68% at 74 sen.
Meanwhile, a report from China stated the discovery of 1,807 new cases of symptomatic Covid-19 on Sunday.
It also recorded the highest daily figure in 2 years and more than 3 times the previous day due to increasing infections in the northeastern region of the country.
Moreover, Chinese tech stocks entered a sell -off session in Kong Kong on Monday as the closure of the Shenzhen border added to investors ’grief over geopolitical and regulatory risks.
