Thursday, 27 October 2011

Worst is over for Supermax: OSK

Supermax Corp, a Malaysian glove - maker, rose to its highest level in almost three months after OSK Holdings Bhd said the worst is over for the company as demand for its products is poised to rebound.

The stock climbed 7.1 percent to RM3.49 at 9:21 a.m. local time, set for its highest close since Aug. 5.

Other glove - makers gained.

Top Glove Corp. added 1 percent to RM4.16, Kossan Rubber Industries Bhd gained 1.8 percent to RM2.83. -- Bloomberg
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