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CIMB Research overweight on glove makers, likes Kossan, Supermax


CIMB Research although China and Thailand glove producers are also expanding their capacity, this is unlikely to be a major threat to Malaysian glove makers.

CIMB Research although China and Thailand glove producers are also expanding their capacity, this is unlikely to be a major threat to Malaysian glove makers.

KUALA LUMPUR: CIMB Equities Research retains its overweight recommendation on the glove makers sector and believes the recent selldown provides investors the opportunity to accumulate glove stocks which have structural positive long-term prospects.

In its research report issued on Friday, it said its top picks in the sector are Kossan and Supermax.

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