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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
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By BFM Media
3.5
22 ratings
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
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