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Article: Glovemakers shares up on rising demand
- Article from:
- New Straits Times
- Article date:
- August 7, 2009
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New Straits Times
08-07-2009
Glovemakers shares up on rising demand
Edition: Main/Lifestyle
Section: Business Times
Type: News
SHARES of rubber glove companies are on a roll right now and will continue to move up, riding on the global outbreak of influenza A (H1N1).
OSK Research Sdn Bhd has an "overweight" rating on the sector, raising its target prices on some rubber glove stocks, in line with recent developments in the industry's spurring demand for rubber gloves.
The local research house organised plant tours to four rubber glove companies last month, namely Top Glove Corp Bhd, Supermax Corp Bhd, Kossan Rubber Industries Bhd and Hartalega Holdings Bhd.
"For Top Glove, we recommend a buy ...