Hoping For A Stretch In Demand For The Glove Sector
Oong Chun Sung, Equity Research Analyst, RHB Research
12-Dec-23 09:15
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Rubber glove maker stocks performed very well during the pandemic. This was largely fuelled by global shortages and strong demand from both institutional investors as well as retailers. Now, production has rationalised and demand has fallen leaving the major players standing with lots of cash reserves. Oong Chun Sung, Equity Research Analyst, RHB Research shares with us on what lies ahead for one of Malaysia’s leading export sectors.
Image credit: Shutterstock.com
Produced by: Anwar Mahbob
Presented by: Shazana Mokhtar, Keith Kam, Anwar Mahbob
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Categories: markets
Tags: glove sector, glove stocks analysis, quarterly earnings,
