🧤 Glove & PPE Stocks in Play Over Past Week
![🧤 Glove & PPE Stocks in Play Over Past Week](https://sgsnsimg.moomoo.com/sns_client_feed/102787470/20240524/ef6c49e2e98dc76261149ca67a63dac0.jpg?area=104&is_public=true)
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.