Market Mover | Gloves Stocks Trade Actively: A Pullback Following Yesterday's Surge
Market Mover | Gloves Stocks Trade Actively: A Pullback Following Yesterday's Surge
September 18, 2024 - The stock price of the glove company declined today, and trading volume surged significantly compared to last week. $TOPGLOV (7113.MY)$ fell 8.77% to RM1.04 with a turnover of RM92.98 million; $KOSSAN (7153.MY)$ fell 7.11% to RM2.07 with a turnover of RM36.95 million.
2024年9月18日 - 手套公司的股价今天下降了，交易量与上周相比显著增加。 $TOPGLOV (7113.MY)$ 下跌8.77%至RM1.04，成交量达到RM9298万； $KOSSAN (7153.MY)$ 下跌7.11%至RM2.07，成交量达到RM3695万。
The U.S. plans to increase tariffs on Chinese glove imports, which led to a boost in Malaysian glove stocks yesterday. The U.S. Trade Representative announced that tariffs will rise to 50% in January, up from the current 7.5%, and are expected to further climb to 100% by January 2026. This represents a significant increase from the 25% level that was previously indicated by President Biden's administration for May 2026. This move is likely to ease competition for Southeast Asian manufacturers.
美国计划提高对中国手套进口的关税，这导致了昨天马来西亚手套股票的上涨。美国贸易代表宣布，关税将于2022年1月上升至50%，而不是目前的7.5%，预计到2026年1月将进一步上升至100%。这相比之前拜登总统政府为2026年5月表明的25%水平表示了显著增加。此举可能缓解东南亚制造商之间的竞争。