Stockbroker turning cautious on glove and healthcare stocks

It was learnt a small stockbroker had instructed its remisiers that due to record high prices and heavy trading interest, the clients had to settle the payments one day (T+1) after the transaction date instead of the usual two days.

PETALING: With the share prices of glove makers and some healthcare product manufacturers soaring to record highs in recent months in volatile trade, one small stockbroking company has turned cautious on these counters.

It was learnt the stockbroker had instructed its remisiers, that due to record high prices and heavy trading interest, the clients had to settle the payments one day (T+1) after the transaction date instead of the usual two days.