Players have enjoyed supernormal profits, given the surge in both demand and the average selling prices of gloves. As a result, listed local glove producers have experienced a meteoric rally in their share prices, with Supermax Corp Bhd and Top Glove Corp Bhd jumping by as much as 1,100% for and 330% respectively this year.
THE rubber glove sector has been one of the biggest winners during the outbreak of the coronavirus (Covid-19) pandemic.
Players have enjoyed supernormal profits, given the surge in both demand and the average selling prices of gloves.
As a result, listed local glove producers have experienced a meteoric rally in their share prices, with Supermax Corp Bhd
and Top Glove Corp Bhd jumping by as much as 1,100% for and 330% respectively this year.
...
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