Selling emerges on glove stocks after Hartalega’s move to slash capacity
08 May 2023
KUALA LUMPUR (May 8): Hartalega Holdings Bhd’s plan to decommission its Bestari Jaya production facility to weather through tough market landscape confirms that the downturn is likely to prolong in the glove industry.
That news has triggered some selling pressures on glove stocks on Bursa Malaysia.
Chester Tay (2023, May 8) Selling emerges on glove stocks after Hartalega’s move to slash capacity.
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