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Glove demand-supply imbalance to normalise
PETALING JAYA: The demand supply imbalances of the glove industry is expected to normalise after 2022, as average selling prices (ASPs) decline.
Extra layers of protection
SINCE indoor sports and recreation centres were allowed to resume operations last month, their operators have set up their own safety precautions in addition to government guidelines for their customers’ well-being.
Trading ideas: Anzo, Sino Hua-An, Jerasia, Dialog, Boustead, Ikhmas Jaya
KUALA LUMPUR: Stocks to watch on Monday include Anzo Holdings Bhd, Jerasia Capital Bhd, Sino Hua-An International Bhd, Dialog Group Bhd, Boustead Holdings Bhd and Ikhmas Jaya Group Bhd, according to JF Apex Research.
Anzo buys Wintrade assets
KUALA LUMPUR: Anzo Holding Bhd (Anzo) has purchased assets from Wintrade World Sdn Bhd worth RM55mil.
Glove prices soften
PETALING JAYA: The gradual decline in glove prices and oversupply is already impacting the near-term average selling price (ASP) for the sector and the prospects of new entrants into the sector.
Ramp-up in China nitrile glove output not a threat
PETALING JAYA: The ramp-up in nitrile glove production from China over the next three years is not an immediate threat to Malaysia’s rubber glove industry.
Risk and reward of new entrants in healthcare sector
IT was an event that lasted just over an hour where a battalion of media, analysts and fund managers gathered to hear and get details on Top Glove Corp Bhd’s latest financial results.
Top Glove posts record 3Q earnings amid demand surge
KUALA LUMPUR: Top Glove Corp Bhd posted record-breaking earnings of RM347.9mil in the third quarter ended May 31, 2020, on the back of its highest-ever quarterly revenue of RM1.69bil.
Quick take: AT Systematization jumps 36%, most active on Bursa
KUALA LUMPUR: Shares in AT Systematization Bhd are actively traded this morning with over 296 million shares exchanging hands, making it the most actively traded counter on Bursa Malaysia.
Top Glove earnings likely to rise on demand
PETALING JAYA: Top Glove Corp Bhd will release its latest financial results today and its earnings will be watched as a barometer for a number of other glove companies.