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Business

Interest in rubber glove stocks a knee-jerk reaction

PETALING JAYA: Over the past 10 days, rubber glove stocks have surged by 5%-13% to their 52-week high, as investors bought in anticipation of a surge in demand for rubber gloves.

Business

Maybank KE research downgrades rubber glove sector to Neutral

Maybank KE Research has downgraded the rubber glove sector to Neutral from Overweight, saying price-earnings ratio of glove stocks have been r-rated significantly from 8-16 times to 11-19 times and as such valuations are fairly reflective of fundamentals.

Business

Malaysian rubber glove sector to gain from US-China trade war

PETALING JAYA: The Malaysian rubber glove industry is expected to be a key potential beneficiary of the US-China trade war, said CGS-CIMB.

Business

Trying time for the rubber glove industry

CAN it be that the stock market's love affair with rubber glove manufacturers is on the rocks amid signs that there will be no repeat of the industry boom like last year?

Business

Rubber glove sector in the limelight

The rubber glove sector has the potential to be the flavour of the moment in the Malaysian market, with the current turbulent financial environment in the US and its knock-on effect on the global market.

Business

Rubber glove players have upped prices

PETALING JAYA:b/b>Rubber glove players have already increased their glove prices in accordance with the rising raw material costs and continued weakening of the US dollar.

Corporate News

Malaysian rubber glove industry expects revenue of RM18.8bil in 2018

PETALING JAYA: Malaysia's rubber glove industry expects to generate revenue of RM18.8 billion this year, up from RM16.2 billion in 2017, due to robust global demand, says the Malaysian Rubber Glove Manufacturers Association (Margma).

Forex

Rubber glove makers seek exemption from Bank Negara’s ringgit conversion policy

KUALA LUMPUR: The Malaysian Rubber Glove Manufacturers Association (Margma) wants Bank Negara to allow rubber glove exporters to convert only 50% of their foreign currency proceeds into ringgit instead of the 75% requirement announced last Friday.

Business

Rubber glove stocks spring upwards on good prospects

PETALING JAYA: Rubber glove stocks riding high on the prospects of sustainable growth in demand, posted the best gains on Bursa Malaysia yesterday. Supermax Corp Bhd tops the gainers list to close 65 sen higher at RM5.35.

Business

Rubber glove companies show better gains on rising demand

PUBLIC listed rubber glove companies are reporting better quarterly results in the second half-year than in the first half, thanks to the rising #8220;seasonal#8221; demand for rubber gloves from major Western countries.