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Gloves Still Not Out Of The Woods Yet

Oong Chun Sung, Equity Research Analyst, RHB Research

04-Jul-23 09:15

Gloves Still Not Out Of The Woods Yet

April’s export data revealed that the rubber industry may have yet to bottom as volume for gloves contracted by 35% month on month. But with the share prices of leading glove stocks down by 90% from their peak. Is it time to relook the sector? Oong Chun Sung, Equity Research Analyst, RHB Research tells us.

Image by: Shutterstock

Produced by: Wong Shou Ning

Presented by: Wong Shou Ning, Shazana Mokhtar, Mark Tan


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Categories:  marketsinternational

Tags:  glove marketmalaysiachina





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