Gloves stand out because “it” is there?
Although heavyweight blue-chip stocks face some selling pressure, they are being dragged down $FTSE Bursa Malaysia KLCI Index(.KLSE.MY$The Composite Index showed a situation where it was unable to continue to rise, but it remained unchanged at 1,600 points.
In contrast, the field of medicine and health care presents a different landscape. Among them, the most outstanding performance is the top gloves $TOPGLOV(7113.MY$The stock price rose to nearly 4%, reaching a maximum of 93.5 cents.
Of course, the popularity of stock price trading may be related to the Civil Service Pension Fund Board (KWAP). From the original withdrawal from the ranks of majority shareholders, that is, the shareholding ratio was only 1.22% on October 6, 2022, it has now returned to 5%.
As of April 29th
As for other glove stocks, they also recorded good gains.
Source: Nanyang Siang Pao
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LimSH : Is the newspaper also stupid and unclear about KWAP (Kumpulan Wang Persaraan) and KWSP (EPF)? Think Ma Liang like Feng Jing?
南洋商报 NYSP OP LimSH : Sorry, I didn't read it clearly when I posted it; it has been revised.