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THE latest buzzword in the market now is vaccine, amid all the fanfare surrounding rubber glove makers who have been enjoying a spectacular run in the coronavirus disease (Covid-19) race.
PETALING JAYA: Rubber glove makers have again hoisted Malaysia’s benchmark stock index into the positive region even amid negative sentiments from the shaky global economic recovery and local political uncertainties.
PETALING JAYA: There’s a worldwide shortage of nitrile gloves, and it could stretch for more than a year into the first half of 2022 due to a lack of raw materials.
KUALA LUMPUR: Pasukhas Group Bhd, Iconic Worldwide Bhd, Kanger International Bhd, Asdion Bhd, Widad Group Bhd and KESM Industries Bhd are among the stocks to watch on Wednesday, according to JF Apex Research.
PETALING JAYA: Top Glove Corp Bhd has been actively buying back its shares, having spent close to RM310mil in September itself.
KUALA LUMPUR: Malaysia's rubber glove makers are struggling to meet soaring demand for medical gloves during the pandemic due to a shortage of workers, the industry's trade association said on Friday, adding that it could cost the country dearly in export revenue.
KUALA LUMPUR: JF Apex Research expects Top Glove Corp Bhd, Daibochi Bhd, Sapura Energy Bhd, Advancecon Holdings Bhd and UEM Sunrise Bhd to be among the stocks to watch on Friday.
KUALA LUMPUR: FTSE Bursa Malaysia KLCI (FBM KLCI) is set to close the year at the 1,580 level based on calendar year 2020 (CY20) price-earnings (PE) multiple of 15 times, said Rakuten Trade Sdn Bhd head of research Kenny Yee.
KUALA LUMPUR: CGS-CIMB Equities Research reiterates its Overweight call on the glove sector as concerns of potential declines in average selling prices (ASPs) from CY21F onwards are premature at this juncture.