Boost for gloves if Supermax, Kossan added to KLCI


MIDF Research said Supermax and Kossan’s market capitalisation have stayed above the RM20bil mark. Trading volume has also improved, 60-day average for Kossan is 17.06 million, and 51.5 million for Supermax, indicating decent liquidity.

KUALA LUMPUR: The weightage of glove counters in the KLCI may possibly increase to 30% to 40% from 15% currently if Supermax Corp Bhd and Kossan Rubber Industries Bhd are added to the 30-stock index.

MIDF Research said Supermax and Kossan’s market capitalisation have stayed above the RM20bil mark. Trading volume has also improved, 60-day average for Kossan is 17.06 million, and 51.5 million for Supermax, indicating decent liquidity.

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gloves , Kossan , Supermax , KLCI , MIDF Research

   

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