KUALA LUMPUR (Oct 15): Rubber glove counters suffered from selling pressure as at mid-morning following news that the US Department of Labour had added Malaysian rubber gloves to its latest list of goods produced with forced labour.

At 11.05am, rubber glove giant Top Glove led the fall in the 30 FBM KLCI counters by erasing 11 sen to RM9.37 while Hartalega shed 16 sen to RM18.00.

Other glove-related counters on the broader market also faced a similar fate by dominating the top losers list.

That included Rubberex, which shrank 21 sen to RM7.81, Supermax, which declined 20 sen to RM10.44, Kossan, which dwindled 13 sen to RM7.85, while Careplus and Comfort Gloves were down 11 sen each to RM3.81 and RM4.59, respectively. 

Malacca Securities Sdn Bhd, in a note, said the news might also trigger some profit-taking in glove heavyweights today.