🧤 Glove & PPE Stocks in Play Over Past Week
The US government announced for certain personal protective equipment (PPE), its tariff rates on China imports will increase, with tariffs on rubber medical and surgical gloves increasing from 7.5% to 25% in 2026. Stocks with rubber glove or PPE businesses have seen a significant increase in trading activity this month.
Do you know that the four most traded stocks with rubber glove or PPE businesses average 54% 260-day volatility, which is more than double the average 21% volatility seen by the 30 STI constituents?
▶️ Read more here: bit.ly/3QZH9FI
▶️ Sources: SGX | 24/5/2024
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bullrider_21 : They have moved forward the date to Aug 1.