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KUALA LUMPUR: Glove makers rose in active trade early Tuesday on concerns after the World Health Organisation (WHO) confirmed a new virus outbreak in Wuhan, China which is a strain of coronavirus.
KUALA LUMPUR: CGS-CIMB Equities Research is retaining its overweight outlook on glove makers with Kossan and Top Glove as top picks.
KUALA LUMPUR: On the back of a positive results season, the rubber gloves sector is seeing signs of an uptick in demand in subsequent quarters, says Kenanga research.
SUPERMAX Corp Bhd surpassed the 50-day simple moving average (SMA) in Wednesday intra-day trade after three consecutive days of gains.
MALAYSIA’s rubber gloves sector, which boasts some of the world’s largest manufacturers, sees light at the end of the tunnel.
KUALA LUMPUR: 7-Eleven Malaysia Holdings Bhd, Caring Pharmacy Group Bhd, Tenaga Nasional Bhd, Press Metal Aluminium Holdings Bhd and Genting Bhd are among the stocks to watch on Friday, according to JF Apex Research.
PETALING JAYA: An increase in production cost and lower average selling prices saw Supermax Corp Bhd’s net profit for the first quarter ended Sept 30,2019 (Q1’20) falling to RM24.74mil compared with RM35.94mil in the same period a year ago.
PETALING JAYA: Rubber gloves stocks fell after taking a cue from Hartalega Holdings Bhd which announced its financial results for its second quarter ended Sept 30, on Tuesday.
KUCHING: Debt-laden Sarawak Cable Bhd is set to raise up to RM72.3mil from the disposal of assets and a private placement exercise to meet the group’s working capital requirements.
KUALA LUMPUR: Fitch Solutions Macro Research expects Malaysia’s medical devices industry, including gloves, to benefit from the increasingly acrimonious trade war between the US and China.