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PETALING JAYA: Trading in glove stocks over the near-term is expected to remain volatile, as these companies will be under constant pressure to maintain the super profits they enjoyed last year. ....
Saturday, 30 Jan 2021 02:48 PM MYT BY SYED JAYMAL ZAHIID Top Glove’s share price gained 40 sen or a 7 per cent surge as of noon yesterday, just hours after news emerged that retail investors are behind a drive to prop up the stocks of the world’s largest medical glove maker. Bernama pic Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, Jan 30 A stock market watchdog has warned the public about the risk of social media investment tips after local retail investors behind the “Bursabets” drive helped prop up share prices of local glove manufacturers yesterday. ....
KUALA LUMPUR: Top Glove Corp Bhd’s shares rallied over 9% in early trade Friday as retail investors said to draw inspiration from the recent rally at GameStop Corp. ....