Top value: An employee monitors latex gloves on hand-shaped molds moving along an automated production line at a Top Glove factory in Setia Alam, Top Glove’s market cap is now at RM59bil, the fourth most valuable company on Bursa. — Bloomberg
THE recent rally in the FBM KLCI index has been driven by the shares of the big glove companies, namely Top Glove Bhd and Hartalega Holdings Bhd
.
These stocks are now the fourth and fifth most valuable companies on Bursa Malaysia by market capitalisation, after Malayan Banking Bhd, Public Bank Bhd and Tenaga Nasional Bhd.
Top Glove’s market capitalisation stands at RM59bil while Hartalega is at RM57.8bil.
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