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KUALA LUMPUR, Malaysia (July 5): Vaccines have been distributed, yet a new wave of diseases has emerged over the world, and Top Glove Corp Bhd continues to decline.
Top Glove’s stock fell as much as 1.99 percent, or eight sen, to RM3.93 — its lowest level since May last year — before recovering part of its losses and closing at RM3.95 at 5 p.m.
It had a market value of RM32.42 billion at the time of writing. A total of 22 million shares were exchanged.
Hartalega Holdings Bhd, which has a market capitalization of RM24.03 billion, closed lower at RM7.01, down 0.14 percent or one sen, for a market value of RM24.03 billion.
Supermax Corp Bhd down 3.72 percent or 12 sen to RM3.11 a share, while Kossan Rubber Industries Bhd fell 0.32 percent or one sen to RM3.07.
The demand for cap gloves spilled over to the smaller counters. Rubberex Corp (M) Bhd fell 2.92 percent or 2.5 sen to 83 sen; Comfort Gloves Bhd dropped 3.54 percent or seven sen to RM1.91; and Careplus Group Bhd dropped 1.21 percent or two sen to RM1.63.
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