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Hot stocks: Glove manufacturers rally on news of China’s reopening plans

Renald Yeo

Renald Yeo

Published Tue, Dec 27, 2022 · 11:30 AM
    • Medtecs gains as much as 19.4 per cent, while Top Glove rises 5.9 per cent.
    • Medtecs gains as much as 19.4 per cent, while Top Glove rises 5.9 per cent. PHOTO: REUTERS

    SHARES of Medtecs International and Top Glove rose amid heavy trading on Tuesday (Dec 27) morning.

    As at 10.35 am, Catalist-listed Medtecs gained as much as 19.4 per cent or S$0.035 over last Friday’s close to reach S$0.215, as some 18.9 million shares changed hands.

    Meanwhile, shares of mainboard-listed Top Glove rose 5.9 per cent or S$0.015 to S$0.27 as at 10.35 am, with 9.5 million shares traded.

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