KUALA LUMPUR, March 21 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has upgraded Top Glove Corporation Bhd to a ‘buy’ call from a ‘sell’ call, citing potential improvements in sales volumes by June, the fourth quarter of the financial year 2025 (4Q FY2025), as United States (US) customers’ inventory levels are fully depleted.
KUALA LUMPUR, March 20 (Bernama) -- Top Glove Corporation Bhd is on track to achieve its sales volume target of 43 billion pieces of gloves by the end of the financial year ending Aug 31, 2025 (FY2025), driven by increasing orders and improved operational efficiency.
KUALA LUMPUR, March 19 (Bernama) -- Bursa Malaysia started the day broadly lower as it tracked Wall Street's weaker performance overnight and on caution ahead of a decision on US interest rates later tonight.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, March 15 (Bernama) -- The Malaysian rubber market is expected to trade within a narrow range next week, with potential volatility due to global economic and weather-related factors, said industry expert Denis Low.
KUALA LUMPUR, March 13 (Bernama) -- Malaysia’s natural rubber (NR) production fell by 20.8 per cent to 30,342 tonnes in January 2025, compared to 38,299 tonnes in December 2024, according to the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, March 11 (Bernama) -- The UK-based Synthomer, a leading specialty chemicals company, has invested more than RM1.4 billion in Johor over the past 20 years, advancing technology and supporting the glove industry’s supply chain along with other sectors.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, March 8 (Bernama) -- The Malaysian rubber market is expected to trade slightly lower next week amid sluggish demand, as production is anticipated to decline following the ongoing wintering of rubber trees, said industry expert Denis Low.
KUALA LUMPUR, March 1 (Bernama) -- The Malaysian rubber market is expected to remain volatile next week, driven by mixed signals from regional markets and concerns over supply constraints, according to the Malaysian Rubber Glove Manufacturers Association.
KUALA LUMPUR, Feb 24 (Bernama) -- Bursa Malaysia ended the morning session lower, weighed down by persistent selling amid mixed performance from regional peers, tracking the selloff in Wall Street.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Feb 19 (Bernama) -- Bursa Malaysia pulled back from yesterday’s modest gains to close slightly lower on Wednesday, with weakness observed in more than half of the key index components, as investor sentiment remained uncertain ahead of the release of the US Federal Open Market Committee (FOMC) meeting minutes later tonight.
KUALA LUMPUR, Feb 19 (Bernama) -- Bursa Malaysia ended the morning session lower due to continuous selling in selected heavyweights and small-cap stocks amid mixed sentiment among regional peers.
KUALA LUMPUR, Feb 18 (Bernama) -- Bursa Malaysia’s main index pared its earlier losses to end at its intraday high on Tuesday, driven by late buying in heavyweights and in line with most regional markets.
