Trading of glove stocks is not for the uninitiated and faint-hearted
BURSA Malaysia is not a market for retailers. Some 30% of the index weighting is on glove stocks – namely Top Glove Corp Bhd
and Hartalega Holdings Bhd.
On a single day, the price of the four glove stocks can gyrate anywhere between 20% and 30% and it is accompanied by huge volumes, which suggests that it is a playing ground for the funds as well as punters.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
