Maybank KE ups Top Glove target price, sees 'small impact' from US detention order
Add BT as a preferred source
Fiona Lam
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
