glove industry

Global Markets

Malaysia's equity market cap is US$4 bil away from surpassing Singapore's on glove gains

Malaysia’s market value has surged 41% since a March low to hit US$379 billion ($524.87 billion) as the coronavirus pandemic supercharged demand for medical gloves and shares of the manufacturers.


Rally in glove stocks outpace even Tesla on boom in demand

In Southeast Asia, makers of rubber gloves are attracting more investor fervour than even the electric cars and flame throwers of Elon Musk.

Broker's Calls

RHB starts UG Healthcare at 'buy' on rising global demand for gloves

SINGAPORE (Apr 24): RHB is initiating coverage on UG Healthcare with a “buy” recommendation and a target price of 32 cents, as the research house is positive on the long term global demand growth for gloves, with demand rising at a 5.7% CAGR over the