CGS-CIMB Research retains overweight on glove sector


CGS-CIMB Research said apart from Top Glove and Supermax, it also has Add calls on Hartalega and Kossan Rubber Industries.

KUALA LUMPUR: CGS-CIMB Equities Research maintains its Overweight view on the Malaysian glove sector with Top Glove and Supermax as its top picks.

“In our view, glove stocks remain attractive investments as key beneficiaries of strong global glove demand due to Covid-19; we expect record-breaking profits in the next two to three quarters, ” it said on Monday.

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