Recovering from a pandemic high

Critical component: A medical staff is seen putting on gloves before work. Despite headwinds, players believe that the outlook is still promising for the sector, as gloves remain an essential item in healthcare.

AT the height of the glove sector’s euphoria in 2020, Top Glove Corp Bhd came close to taking the number one spot, unseating Malayan Banking Bhd as the largest listed entity on Bursa Malaysia.

At the height of the Covid-19 pandemic on Oct 14, 2020 Top Glove’s shares skyrocketed to give it a market capitalisation of some RM67.5bil, going by Bloomberg data.

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