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Maybank KE ups Top Glove target price, sees 'small impact' from US detention order
Published Wed, Jul 22, 2020 · 09:50 PM
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Singapore
HIKES in the average selling price (ASP) of gloves in the next six months could continue to support Top Glove's share price, said Maybank Kim Eng on Wednesday.
At the same time, the research house said Top Glove's ASP premium against its peers will likely dissipate from the second quarter of 2021 in anticipation of new supply.
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