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.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Good luck.
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
GameStop phenomenon spreads to Malaysian glove stocks | The Malaysian InsightRetail investors are propping up gloves stocks that are being targeted by short-sellers.
Read more »