Bursa Malaysia Stock Watch

Top Glove,Kossan downgraded at HwangDBS

kltrader
Publish date: Mon, 09 Aug 2010, 09:57 AM
kltrader
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op Glove Corp, the world's biggest rubber-glove maker, and Malaysian rival Kossan Rubber Industries Bhd, had their stock rating cuts at HwangDBS Vickers Research Sdn Bhd to reflect weaker demand and margin pressure.

Top glove was cut to 'fully valued' from 'buy' while Kossan was reduced to 'fully valued' from 'hold,' HwangDBS said in a report today. - Bloomberg
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