Spike in prices of glove stocks not a ‘comeback’


Supermax Corp Bhd, which will be included in the FBM KLCI, rose by over 7%.

PETALING JAYA: As the first person in the United Kingdom received her Covid-19 vaccine jab, the spike in share prices of all seven listed glove players in Malaysia came as a surprise.

However, analysts believe the sudden share price movement after about two months of continued decline could just be a “bounce”, rather than a short-term upward reversal.

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Glove stocks , prices , spike , Top Glove , Supermax , Rubberex ,

   

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