KUALA LUMPUR: The rally in glove makers including Supermax Corporation Bhd, whose shares hit an all-time high of RM12.44 on Thursday has seen its market capitalisation surge past several FBM KLCI stocks.
Supermax rallied to close RM1.58 higher at RM12.44 and it was the top gainer for the day as investors continued to pile into glove makers due to the ongoing Covid-19 pandemic.
At a market capitalisation of RM16.92bil, it is higher than those of Genting Bhd, Telekom Malaysia and even Sime Darby Bhd.
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