Friday 16 March 2012

Top Glove climbs on higher Q2 profit

At 9.59am trading Top Glove Corp, the world’s biggest rubber-glove maker, climbed 2.9 per cent to RM5.06, poised for the steepest advance since Jan 11. The company was upgraded to market perform, the equivalent of hold, from underperform, at Kenanga Investment Bank Bhd. Top Glove said yesterday its second-quarter profit more than doubled from a year earlier. -- Bloomberg



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