Despite market slump over virus, hygiene firms emerge winners

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Panic buying, stockpiling, speculation drive global demand for masks 100 times higher than normal. FMTNews

Panic buying, stockpiling, speculation drive global demand for hand sanitisers, disinfectants.

Social media is rife with accounts of shops worldwide running out of masks, wipes and sprays. But the prevailing medical advice is to keep things simple. Demand is now surging in the West too as the virus spreads to more countries, infecting more than 83,000 people worldwide. But among individual outliers was Clorox Co, whose New York share price reached record highs above US$168.

 

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..and toilet paper..

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