Thursday 25 Apr 2024
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KUALA LUMPUR (Sept 10): Shares in Supermax Corp Bhd and Hartalega Holdings Bhd led the declines among rubber glove manufacturers today.

As of 9.52am, shares in Supermax were down by 6.28% or 47 sen at RM7.01, valuing the company at some RM19.07 billion. The counter earlier declined by as much as 8.96% to an intra-morning low of RM6.81. It saw 18.21 million shares transacted.

Following Supermax was Hartalega, which declined by as much as 5.38% to a low of RM12.30 per share. At the time of writing, it was trading 3.54% or 46 sen lower at RM12.54 apiece, valuing it at some RM42.98 billion. It saw 3.08 million shares traded.

As for Kossan Rubber Industries Bhd, it fell by 5.1% to a low of RM10.40. At the time of writing, it was trading 3.83% or 42 sen lower at RM10.54 per share, giving it a market value of RM13.48 billion. It saw 2.45 million shares change hands.

Meanwhile, Top Glove Corp Bhd shares were down by 1.68% or 12 sen at RM7.03 apiece, valuing the stock at some RM57.18 billion. It saw 32.29 million shares traded.

Rubberex an exception with minor gain

Even smaller players were not spared from the selldown, with Comfort Gloves Bhd declining by 2.11% or eight sen to RM3.72, while Careplus Group Bhd declined by 8.2% or 21 sen to RM2.35. Rubberex Corp (M) Bhd managed to post a minor gain, rising by 0.43% or two sen to RM4.72.

At the time of writing, the Healthcare Index was down by 4.79% or 163.56 points at 3,254.38.

Edited BySurin Murugiah
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