Limited downside risk for glove sector

Over the recent quarter, the rubber glove industry has weathered the worst, given the sharp deterioration in operational earnings per glove.

PETALING JAYA: The negatives of the rubber glove manufacturing industry have been largely priced in and glove stocks are now trading above their respective mean, indicating undemanding valuations.

Over the recent quarter, the rubber glove industry has weathered the worst, given the sharp deterioration in operational earnings per glove.