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Tough times for new and smaller glove makers

TWO years ago, as medical glove prices skyrocketed to astronomical levels during the early months of the Covid-19 pandemic, a slew of companies in various industries announced their intent to venture into the business either via starting a new manufacturing plant, buying an existing glove maker, or adding a rubber glove trading unit.

Trading ideas: Pharmaniaga, Sunway, Luster Industries, Aimflex, Willowglen MSC and Genetec Technology

KUALA LUMPUR: Investors could be keeping an eye on stocks with recent corporate announcements including Pharmaniaga, Sunway, Luster Industries, Aimflex, Willowglen MSC and Genetec Technology, said JF Apex Research.

Bursa Malaysia lower at opening | Money

KUALA LUMPUR, Nov 26 ― Bursa Malaysia continued to trend lower in early trade today amid the ongoing reporting season without any fresh catalysts to boost market sentiment. At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) eased 1.20 point to 1,516.40 from 1,517.60 at yesterday’s.

Bursa Malaysia easier in early trade

KUALA LUMPUR (April 13): Bursa Malaysia opened easier this morning, with the key index remained in weak territory due to weak risk appetite in the market.  At 9.06am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) decreased 1.72 points to 1,606.7 from Monday’s close of 1,608.42. The index opened 0.29 of-a-point better at 1,608.71. On the broader market, losers slightly outnumbered gainers 204 to 195, while 1,266 counters were unchanged, 493 untraded and 11 others suspended. Total volume stood at 789.59 million shares worth RM292.27 million.  Malacca Securities Sdn Bhd said amid the lack of fresh catalyst, the local bourse might stage a further pullback, but the weakness might be cushioned by a technical rebound.

Bursa Malaysia easier in early trade | Money

Tuesday, 13 Apr 2021 10:04 AM MYT On the broader market, losers slightly outnumbered gainers 204 to 195, while 1,266 counters were unchanged, 493 untraded and 11 others suspended. Picture by Azneal Ishak Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, April 13 Bursa Malaysia opened easier this morning, with the key index remained in weak territory due to weak risk appetite in the market. At 9.06am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) decreased 1.72 points to 1,606.7 from Monday’s close of 1,608.42. The index opened 0.29 of-a-point better at 1,608.71. On the broader market, losers slightly outnumbered gainers 204 to 195, while 1,266 counters were unchanged, 493 untraded and 11 others suspended.

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