Glove stocks rise as GameStop mania hits KL bourse

Argentina Noticias Noticias

Glove stocks rise as GameStop mania hits KL bourse
Argentina Últimas Noticias,Argentina Titulares

Inspired by the US phenomenon, Malaysian retail investors set up a group called BursaBets to push up share prices. FMTNews Stocks

Shares of glove makers rose on the stock exchange after small investors formed a group to push up prices.

The share price of Top Glove, the world’s largest glove maker, rose over 8%, while rival companies also notched up strong gains: Hartalega put on over 5% and Supermax was up 3.6%. Glove makers had enjoyed a huge rise in their share prices last year because of strong demand arising from the Covid-19 pandemic.

 

Good luck.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

GameStop phenomenon spreads to Malaysian glove stocks | The Malaysian InsightGameStop phenomenon spreads to Malaysian glove stocks | The Malaysian InsightRetail investors are propping up gloves stocks that are being targeted by short-sellers.
Leer más »



Render Time: 2025-01-09 13:18:34