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CGS-CIMB Research retains overweight call on glove makers
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.
Exclusive - Flexible trading caps
PETALING JAYA: There has been a change in how some brokerage houses are viewing the risks that are associated with rubber glove and healthcare stocks.
CGS-CIMB Research stays Overweight on glove makers
KUALA LUMPUR: CGS-CIMB Equities Research is staying Overweight on glove makers as their order book visibility remains strong until 1HCY21F and average selling prices (ASPs) have continued to increase in the near term.
Glove stocks rebound amid tapering volume on Bursa
KUALA LUMPUR: Bursa Malaysia advanced on Tuesday as counters rebounded from a two-day sell-off although trading activity continued to taper from recent highs.
FBM KLCI struggles to cross 1,600 points
Local bourse closes below psychological level for 11th session
KLCI falls 0.25%, Top Glove leads decline
KUALA LUMPUR: The FBM KLCI ended in the negative territory on Monday, weighed down by selling in glovemakers and selected blue-chip stocks.
Windfall tax risk sees gloves under some pressure
KUALA LUMPUR: Windfall tax risk for glove makers after their supernormal profits and surge in share prices saw investors take some money off the table.
