UOB Kay Hian is reiterating its “overweight” stance on the glove sector as the demand for the personal protective gear remains high.

“Industry outlook has improved further, with higher Average Selling Price (ASP) revisions and spot sales mix,” explains analyst Philip Wong in a July 27 note. Already, the Big 3, Malaysia-based Top Glove, Kossan and Hartalega have revised their ASP guidance upwards for the months of August and September.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.


  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply


Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook