Report: Bursa Malaysia world’s top performing market courtesy of glove-makers’ rally | Malay Mail

Thursday, 23 Jul 2020 10:50 AM MYTBloomberg puts Bursa Malaysia as the best performing stock exchange worldwide having climbed 59 per cent this year. — Picture by Firdaus Latif

The Malaysian stock exchange’s rise also beat out the 43 per cent year-to-date improvement recorded at the Hong Kong Exchanges & Clearing Ltd — the world’s largest in terms of value — even after the latter enjoyed a 10 per cent surge this week. Malaysia is home to the world’s largest glove maker, Top Glove Corporation Bhd, as well as several other major competitors that have all enjoyed a surge in demand as countries rushed to procure personal protective equipment for medical workers fighting the Covid-19 pandemic.

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