Will Glove Stocks Still Feel The Love?
Oong Chun Sung, Equity Research Analyst, RHB Research
30-Sep-24 09:15
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Malaysia’s Big Four glove stocks surged as much as 30% in a single trading day on September 17th, after the US announced increased tariffs on Chinese gloves. Oong Chun Sung, Equity Research Analyst at RHB Research shares his insights into the long-term prospects of this sector and the headwinds to look out for.
Image Credit: shutterstock.com
Produced by: Natalie Tan
Presented by: Shazana Mokhtar, Keith Kam
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Categories: markets
Tags: chinese gloves, glove, rubber glove sector, stock markets, us tariffs,
