US new record high hospitalizations last 7 days average 130,000 Covid-19 patients....Worse yet to come for coming few weeks and medical gloves very high usage and demands really good prospects for top 3 Malaysia glove companies....Chinese gloves companies under import tariffs by US will benefit top 3 Malaysia gloves companies increasing glove market share in US

US new record high hospitalizations last 7 days average 130,000 Covid-19 patients....Worse yet to come for coming few weeks and medical gloves very high usage and demands really good prospects for top 3 Malaysia glove companies....Chinese gloves companies under import tariffs by US will benefit top 3 Malaysia gloves companies increasing glove market share in US

Top Glove next QR another 2 months in mid-March profits will jump as ASP normalized with higher demands,increasing utilization and decreasing raw material costs

Top Glove going to test previous high 2.59 on 31st December and gloves uptrend momentum still very strong

Scientists in Cyprus have found 25 cases of a strain of the coronavirus that they say combines elements of the delta and omicron variants, dubbing it “deltacron,” with a high proportion of the variant found in patients hospitalized for Covid-19, a professor involved in the identification of the new strain said Saturday.

Scientists in Cyprus have found 25 cases of a strain of the coronavirus that they say combines elements of the delta and omicron variants, dubbing it “deltacron,” with a high proportion of the variant found in patients hospitalized for Covid-19, a professor involved in the identification of the new strain said Saturday.

All gloves stocks already up 20%-30% from previous low and gloves rally will continue as worldwide hospitalizations especially US and Europe breaking new highs and increasing gloves demands

Looks likely this pandemic will emerge more new and stronger variant as vaccines effectiveness wanes after 3-6 months...Gloves high demands compares to pre pandemic will speed up ASP normalisation by 1st quarter end March

Top 3 Malaysia glove companies already supplying almost 70% of US glove high demands due to record high hospitalizations especially after Supermax CBP ban in October and China gloves import tariffs 7.5%-25% in December

US hospitalisations breaking new record high tis weekend much higher than January 2021 even though vaccinations already roll out more than 1 year with booster doses...Glove demands increasing as hospitals beds reaching full capacity

NEW YORK: The more infectious Omicron variant of Covid-19 appears to produce less severe disease than the globally dominant Delta strain, but should not be categorised as "mild", the head of the World Health Organisation (WHO) said on Thursday.

Speaking at a media briefing, director general Tedros Adhanom Ghebreyesus also repeated his call for greater equity globally in the distribution of and access to vaccines.

Based on the current rate of vaccine rollout, 109 countries will miss WHO's target for 70 per cent of the world's population to be fully vaccinated by July, Tedros added.

Another variant – labelled IHU and first registered in September 2021 – is among those being monitored by the WHO but is not circulating widely, said the WHO's technical lead on Covid-19, Maria van Kerkhove.

The number of people in hospital with coronavirus is at its highest since February last year, figures show, amid increasing pressure on health services.

A total of 17,276 people were in hospital in the UK with Covid-19 as of January 4, government figures show, up 58 per cent on the previous week and the highest number since February 19.

UK Prime Minister Boris Johnson has said the country is seeing its fastest growth in cases, as more than 20 National Health Service trusts declared a critical incident.

NSW could suspend elective surgery and draft in private hospitals to help relieve pressure on the hospital system, after the state recorded another 34,994 COVID-19 cases.

The new cases were identified from 111,231 tests in the 24 hours to 8pm on Wednesday. About 31 per cent of the tests were positive.

The number of people in hospital (1609) and intensive care units (131), as well as those on ventilators (38) also rose.

Premier Dominic Perrottet warned the state may suspend elective surgeries to relieve pressure on the hospital system.

Private hospitals could also be asked to help "in managing ... these increases in cases", he said.

Australian Medical Association NSW president Danielle McMullen said the indication elective surgery could be cancelled was "yet another sign of a system in crisis" and suspending surgeries was an "avoidable" move that "will have profound consequences for patients".

COVID-19 cases in the United States are up 98 percent compared to last week, officials said, amid rising concern over the rapid spread of the Omicron variant in the country.

During a regular COVID news briefing Rochelle Walensky, Director of the Centers for Disease Control and Prevention (CDC) said that the US is currently averaging 491,700 cases per day.

Hospitalisations, currently averaging 14,800 per day, were 63 percent higher than last week. Deaths, at 1,200 per day, were at a 5 percent increase from a week ago.

“Over the last several weeks and over the holidays we have seen a significant and rapid increase in COVID-19 cases,” Walensky said.

The CDC also said that the highly infectious Omicron variant now accounts for 95 percent of coronavirus cases in the US, while only 5 percent are due to the Delta strain.

COVID-19 cases in the United States are up 98 percent compared to last week, officials said, amid rising concern over the rapid spread of the Omicron variant in the country.

During a regular COVID news briefing Rochelle Walensky, Director of the Centers for Disease Control and Prevention (CDC) said that the US is currently averaging 491,700 cases per day.

Hospitalisations, currently averaging 14,800 per day, were 63 percent higher than last week. Deaths, at 1,200 per day, were at a 5 percent increase from a week ago.

“Over the last several weeks and over the holidays we have seen a significant and rapid increase in COVID-19 cases,” Walensky said.

The CDC also said that the highly infectious Omicron variant now accounts for 95 percent of coronavirus cases in the US, while only 5 percent are due to the Delta strain.

Top Glove next target today 2.50-2.60 gloves strong rally again

All vaccines and treatments will only lead to stronger and higher resistance variant similar to antibiotics resistance...Lol

China gloves already being imposed import tariffs up to 25% in US starting December and Malaysia top 3 glove companies will grab at least 60%-70% US gloves market share as demands increasing as record high hospitalisations each day...... Vaccines can't stop newer and stronger variant than Delta each year and it's effectiveness wanes after 3-6 months

There will be new variant stronger than Omicron and Delta every year as vaccines effectiveness reduce after 3-6 months and only 20% African population are fully vaccinated

Top Glove short selling few millions shares every day but still green almost 5% today...Hope super variant will short squeeze all IBs short sellers like GameStop

Top 3 glove companies except Supermax already grab at least 60-70% gloves market share in US with high demands of gloves due to record breaking hospitalisations and testings....Supermax CBP ban since October and China gloves under import tariffs 7.5-25% since December

Top 3 glove companies except Supermax already grab at least 60-70% gloves market share in US with high demands of gloves due to record breaking hospitalisations and testings....Supermax CBP ban since October and China gloves under import tariffs 7.5-25% since December

Supermax still ban from exporting to US and Canada market since October and will benefit other top 3 glove companies tremendously as hospitalizations breaks new high every day

KUALA LUMPUR (Jan 5): Share prices of rubber glove makers Hartalega Holdings Bhd, Top Glove Corp Bhd, Kossan Rubber Industries Bhd and Supermax Corp Bhd rose in Wednesday (Jan 5) Bursa Malaysia morning trade in an apparent reaction to news on the emergence of IHU — a new variant of the SARS-CoV-2 virus, which causes the Covid-19 pandemic.

The emergence of IHU appeared to have raised fresh pandemic concerns after the variant emerged in France recently, news.com.au reported on Wednesday (Jan 5).

It was reported that IHU was first detected in France last month, but is now making international headlines after catching the attention of global experts.

"The medical world is on alert yet again after a new mutant Covid-19 variant emerged in France recently. At least 12 cases were confirmed near the Marseilles area, and it is understood that many of those patients were hospitalised with the illness.

"Variant IHU, which is believed to be linked with travel to the African nation of Cameroon, has 46 mutations which experts fear could mean it is more resistant to existing vaccines.

Hong Leong Investment Bank Bhd analyst Ng Jun Sheng wrote in note on Wednesday (Jan 5) that the research house sees increased volatility in the Malaysian stock market on factors including "the emergence of new Covid-19 variant IHU (studies [of which] showed more mutations than Omicron), fluid domestic politics and the impact on sectors/corporates after widespread flooding in many states in Peninsular Malaysia”.

KUALA LUMPUR (Jan 5): Share prices of rubber glove makers Hartalega Holdings Bhd, Top Glove Corp Bhd, Kossan Rubber Industries Bhd and Supermax Corp Bhd rose in Wednesday (Jan 5) Bursa Malaysia morning trade in an apparent reaction to news on the emergence of IHU — a new variant of the SARS-CoV-2 virus, which causes the Covid-19 pandemic.

The emergence of IHU appeared to have raised fresh pandemic concerns after the variant emerged in France recently, news.com.au reported on Wednesday (Jan 5).

It was reported that IHU was first detected in France last month, but is now making international headlines after catching the attention of global experts.

"The medical world is on alert yet again after a new mutant Covid-19 variant emerged in France recently. At least 12 cases were confirmed near the Marseilles area, and it is understood that many of those patients were hospitalised with the illness.

"Variant IHU, which is believed to be linked with travel to the African nation of Cameroon, has 46 mutations which experts fear could mean it is more resistant to existing vaccines.

Hong Leong Investment Bank Bhd analyst Ng Jun Sheng wrote in note on Wednesday (Jan 5) that the research house sees increased volatility in the Malaysian stock market on factors including "the emergence of new Covid-19 variant IHU (studies [of which] showed more mutations than Omicron), fluid domestic politics and the impact on sectors/corporates after widespread flooding in many states in Peninsular Malaysia”.

KUALA LUMPUR (Jan 5): Share prices of rubber glove makers Hartalega Holdings Bhd, Top Glove Corp Bhd, Kossan Rubber Industries Bhd and Supermax Corp Bhd rose in Wednesday (Jan 5) Bursa Malaysia morning trade in an apparent reaction to news on the emergence of IHU — a new variant of the SARS-CoV-2 virus, which causes the Covid-19 pandemic.

The emergence of IHU appeared to have raised fresh pandemic concerns after the variant emerged in France recently, news.com.au reported on Wednesday (Jan 5).

It was reported that IHU was first detected in France last month, but is now making international headlines after catching the attention of global experts.

"The medical world is on alert yet again after a new mutant Covid-19 variant emerged in France recently. At least 12 cases were confirmed near the Marseilles area, and it is understood that many of those patients were hospitalised with the illness.

"Variant IHU, which is believed to be linked with travel to the African nation of Cameroon, has 46 mutations which experts fear could mean it is more resistant to existing vaccines.

Hong Leong Investment Bank Bhd analyst Ng Jun Sheng wrote in note on Wednesday (Jan 5) that the research house sees increased volatility in the Malaysian stock market on factors including "the emergence of new Covid-19 variant IHU (studies [of which] showed more mutations than Omicron), fluid domestic politics and the impact on sectors/corporates after widespread flooding in many states in Peninsular Malaysia”.

KUALA LUMPUR (Jan 5): Share prices of rubber glove makers Hartalega Holdings Bhd, Top Glove Corp Bhd, Kossan Rubber Industries Bhd and Supermax Corp Bhd rose in Wednesday (Jan 5) Bursa Malaysia morning trade in an apparent reaction to news on the emergence of IHU — a new variant of the SARS-CoV-2 virus, which causes the Covid-19 pandemic.

The emergence of IHU appeared to have raised fresh pandemic concerns after the variant emerged in France recently, news.com.au reported on Wednesday (Jan 5).

It was reported that IHU was first detected in France last month, but is now making international headlines after catching the attention of global experts.

"The medical world is on alert yet again after a new mutant Covid-19 variant emerged in France recently. At least 12 cases were confirmed near the Marseilles area, and it is understood that many of those patients were hospitalised with the illness.

"Variant IHU, which is believed to be linked with travel to the African nation of Cameroon, has 46 mutations which experts fear could mean it is more resistant to existing vaccines.

Hong Leong Investment Bank Bhd analyst Ng Jun Sheng wrote in note on Wednesday (Jan 5) that the research house sees increased volatility in the Malaysian stock market on factors including "the emergence of new Covid-19 variant IHU (studies [of which] showed more mutations than Omicron), fluid domestic politics and the impact on sectors/corporates after widespread flooding in many states in Peninsular Malaysia”.

Supermax losing out to other top 3 gloves as very high gloves demands in US and Canada market after record high hospitalizations in US every day...China glove companies being imposed import tariffs 7.5%-25% in US starting last month

US hospitalizations will continuously rise to break previous high 142,246 within 2 weeks as only 62% fully vaccinated and 30% receiving booster dose only

New York COVID hospitalizations surpassed the 10,000-mark and then some Tuesday, totaling their highest levels since early May 2020 as new estimates released by the CDC estimate omicron's regional prevalence to be as high as 99%.

There's nothing misleading about the skyrocketing statewide hospitalization numbers, however. Statewide hospitalizations stood at 10,411 as of Tuesday, the highest total since since April 30, 2020, when the total was 10,993. The level of increase over the last two days alone (1,638), for comparative purposes, is just 238 admissions shy of the total hospitalized statewide exactly three months ago.

And the count is expected to climb further, with this latest viral wave, as one Manhattan emergency room doctor put it this week, "making people really sick in a different way" than prior waves did.

More than half of all COVID patients hospitalized statewide are in New York City, which has the second-highest adult full vaccination rate (84.1%) of the state's 10 regions behind only Long Island (86.5%). Yet both regions, once again impaired by their density compared with others, find themselves atop COVID impact charts.

New York COVID hospitalizations surpassed the 10,000-mark and then some Tuesday, totaling their highest levels since early May 2020 as new estimates released by the CDC estimate omicron's regional prevalence to be as high as 99%.

There's nothing misleading about the skyrocketing statewide hospitalization numbers, however. Statewide hospitalizations stood at 10,411 as of Tuesday, the highest total since since April 30, 2020, when the total was 10,993. The level of increase over the last two days alone (1,638), for comparative purposes, is just 238 admissions shy of the total hospitalized statewide exactly three months ago.

And the count is expected to climb further, with this latest viral wave, as one Manhattan emergency room doctor put it this week, "making people really sick in a different way" than prior waves did.

More than half of all COVID patients hospitalized statewide are in New York City, which has the second-highest adult full vaccination rate (84.1%) of the state's 10 regions behind only Long Island (86.5%). Yet both regions, once again impaired by their density compared with others, find themselves atop COVID impact charts.

On Tuesday, 112,941 Americans were hospitalized with Covid-19, according to data from the US Department of Health and Human Services.

The new figure far exceeds peak hospitalizations during the Delta variant surge -- nearly 104,000 in early September. It's also creeping toward the pandemic-high number of Covid-19 patients hospitalized in a single day -- 142,246, on January 14 of last year.

"Unfortunately, this is the consequence of a highly transmissible variant, the Omicron variant," US Surgeon General Dr. Vivek Murthy told CNN on Tuesday.

Now, more hospital intensive care units are nearing capacity.

On Tuesday, 112,941 Americans were hospitalized with Covid-19, according to data from the US Department of Health and Human Services.

The new figure far exceeds peak hospitalizations during the Delta variant surge -- nearly 104,000 in early September. It's also creeping toward the pandemic-high number of Covid-19 patients hospitalized in a single day -- 142,246, on January 14 of last year.

"Unfortunately, this is the consequence of a highly transmissible variant, the Omicron variant," US Surgeon General Dr. Vivek Murthy told CNN on Tuesday.

Now, more hospital intensive care units are nearing capacity.

Supermax making N95 mask

Hospitals in NSW are much closer to capacity due to surging Covid cases than is being admitted by officials, warn doctors and nurses, with one saying the system has “never been this bad”.

One senior specialist said “even the most routine urgent treatment” was already being cancelled to divert resources to Covid. “People will die,” he said.

Privately, though, doctors and nurses who are not authorised to speak publicly say the health system is close to capacity.

“No way will the health system cope,” said the senior specialist. “It’s never been this bad.”

The senior doctor said the focus on staff shortages overlooked the issue that all the state’s major hospitals were rapidly approaching bed capacity. At the current rate “every single bed will only be for Covid patients … it doesn’t matter how many staff they call back”.

“People are turning up really unwell,” she said. “They are staying 40, 50, 60 hours” in emergency wards while they wait for capacity to be made available.

Hospitals in NSW are much closer to capacity due to surging Covid cases than is being admitted by officials, warn doctors and nurses, with one saying the system has “never been this bad”.

One senior specialist said “even the most routine urgent treatment” was already being cancelled to divert resources to Covid. “People will die,” he said.

Privately, though, doctors and nurses who are not authorised to speak publicly say the health system is close to capacity.

“No way will the health system cope,” said the senior specialist. “It’s never been this bad.”

The senior doctor said the focus on staff shortages overlooked the issue that all the state’s major hospitals were rapidly approaching bed capacity. At the current rate “every single bed will only be for Covid patients … it doesn’t matter how many staff they call back”.

“People are turning up really unwell,” she said. “They are staying 40, 50, 60 hours” in emergency wards while they wait for capacity to be made available.

Top Glove shares down short selling every day but US hospitalizations keep increasing every day and glove demands increase especially in US and Europe

Today down tomorrow up as hospitalisations increasing in US and Europe which will overwhelm hospitals by mid or end January

Supermax exports ban to US and Canada since October greatly affected its revenues and profits for few quarters as US glove demands are increasing a lot as record high hospitalisations starting mid January

Now daily new cases in US and Europe 1 millions+ cases and hospitalisations increasing day by day towards mid to end January whereby their healthcare systems will be overwhelmed

JP Morgan not working today again...Lol

Top Glove big boss huge buying last minute by funds managers and institutional investors....Glove shares price recovery coming January as demands increasing due to twin effects of Delta and Omicron causing all hospitals in US and Europe overwhelmed

New York state smashed its single-day COVID case record for the 2nd straight day Thursday, reporting 74,207 positives, an 11% increase over Wednesday's staggering numbers as hospitalizations rise.
Virus hospitalizations are at early February levels and climbing, with NY reporting 7,373 patients as of Thursday, a 9% increase in the last day, and 1,000+ ICU patients for the first time since early March.

EPF huge buying 6 millions Top Glove shares 27 December looks like another technical strong uptrend coming together with good fundamental s increasing demand of gloves due to twin effects of Delta and Omicron in US and Europe

Glove demands definitely increasing starting next month as US and Europe will experience overwhelming hospitalisations coming mid to end January...Glove share price recovery coming soon next year

Good news for Malaysia stock market next year!!!!

KUALA LUMPUR (Dec 30): The government will be reinstating the stamp duty cap on contract notes at RM1,000 per contract note, according to a source, marking a change in direction after the previous proposal to remove the cap effective Jan 1, 2022.

The higher rate of 0.15% will however proceed as announced in Budget 2022, compared with the 0.1% rate currently in force, the source said.

Good news for Malaysia stock market next year!!!!

KUALA LUMPUR (Dec 30): The government will be reinstating the stamp duty cap on contract notes at RM1,000 per contract note, according to a source, marking a change in direction after the previous proposal to remove the cap effective Jan 1, 2022.

The higher rate of 0.15% will however proceed as announced in Budget 2022, compared with the 0.1% rate currently in force, the source said.

Los Angeles County reported one of its highest single-day coronavirus case counts on Wednesday as the fast-spreading Omicron variant continues to trigger an avalanche of infections statewide.

Hospitalizations are again rising in California. As of Tuesday, 4,759 coronavirus-positive patients were hospitalized statewide — a nearly 33% increase from a week ago.

The rise has been even steeper in Los Angeles County — which saw its daily patient count grow by 62% since Dec. 21, from 770 to 1,251. Orange County reported a 75% increase during the same time, from 215 to 376.

Top Glove highest net short selling 2.73% but share price uptrend today with strong buying momentum....Next target closing above 2.45 today

BROOKLYN — New York hospitals are once again under pressure as this latest COVID surge continues, with more than 67,000 people diagnosed Tuesday.

There as been an increase of about 600 patients hospitalized with COVID each of the last three days. A number of large New York City hospitals are now limited in what they can do with low bed capacity.

COVID patients are showing up in droves to hospitals, creating a lot of strain at hospitals, including Kings Country, Brookdale, Harlem Hospital, and Elmhurst. All have less than 10% bed capacity remaining.

“We do have a significant number of people showing up to the hospital with COVID and a lot of them do get admitted,” said Dr. Adrian Popp, chair of Infectious Disease at Huntington Hospital.

“The staffing is also an issue because a lot of them have come down with the illness.”

At current pace, by next week New York could see as many hospitalizations, around 9,000, as last winter at the height of the delta surge.