THE last few months have been awfully brutal for the glove sector, regardless of which glove stock you’re looking at.
If one who has not been investing in the stock market for some time, switches on the screen, seeing how the glove stocks have been pummelled, he or she would think that something terrible has happened to the industry.
For a selloff of this magnitude, it may appear as though glove companies are reporting massive losses, the government imposed windfall tax on the sector or the United States are banning the entire Malaysia glove imports altogether.
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