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Malaysian rubber glove makers shoot up after Reuters interview 01.13.2010 Shares of Malaysian rubber glove maker Kossan Rubber Industries surged 6.5 percent to a record high after its Managing Director Lim Kuang Sia told Reuters in an interview on January 13 that the firm would boost production by at least 20 percent to meet growing demand for gloves. The surge in share price spilled over to other glove maker counters and the report was cited by Malaysia’s main business dailies such as the Edge and Star Biz. Malaysian brokerage houses including TA Investment also cited the report in their research notes. MARKET IMPACT Shares of Malaysian rubber glove maker Kossan Rubber Industries surged 6.5 percent to a record high. Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here	firsts across any industry Commodities & Energy Energy, metals, agricultural and environmental markets FX & Money Markets Macroeconomics, monetary policy, FX and money markets Politics & Risk Politics and political risk Equity & Derivatives Companies, sectors, M&A and the financial industry Fixed Income Sovereign and corporate debt, credit, and ratings firsts by region Americas View stories from this region Europe / Middle East / Africa View stories from this region Asia View stories from this region Emerging Markets View stories from this region

Commodities & Energy

Energy, metals, agricultural and environmental markets

Malaysian rubber glove makers shoot up after Reuters interview

01.13.2010

Shares of Malaysian rubber glove maker Kossan Rubber Industries surged 6.5 percent to a record high after its Managing Director Lim Kuang Sia told Reuters in an interview on January 13 that the firm would boost production by at least 20 percent to meet growing demand for gloves. The surge in share price spilled over to other glove maker counters and the report was cited by Malaysia’s main business dailies such as the Edge and Star Biz. Malaysian brokerage houses including TA Investment also cited the report in their research notes.