Top Glove shares slump after ECMO curbs at worker dorms

Top Glove production line

KUALA LUMPUR: Shares in Top Glove Corp Bhd fell 10% on Tuesday after Malaysia tightened movement curbs in an area where the company's dormitories are located to enable targeted coronavirus screenings of workers and residents.

The world's largest latex-glove maker said it was seeking clarity on the lockdown on worker dorms where Covid-19 cases are rising. It did not respond to an email from Reuters asking whether production would take a hit.