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Top Glove downgraded, stock slips
by hlk Mon 20 Jun 2011, 13:17
Top Glove Corp, the world’s biggest rubber-glove maker, fell in Kuala Lumpur trading after OSK Research Sdn Bhd downgraded the stock as the company reported quarterly earnings that were below expectations.
The stock slid 1 per cent to RM5.21 at 9:46 a.m. local time, set for its lowest close since June 14.
Top Glove’s rating was cut to “neutral” from “buy,” Jason Yap, an analst at OSK, wrote in a report today. -- Bloomberg
The stock slid 1 per cent to RM5.21 at 9:46 a.m. local time, set for its lowest close since June 14.
Top Glove’s rating was cut to “neutral” from “buy,” Jason Yap, an analst at OSK, wrote in a report today. -- Bloomberg
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Re: Top Glove downgraded, stock slips
by hlk Mon 20 Jun 2011, 14:10
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Re: Top Glove downgraded, stock slips
by hlk Mon 20 Jun 2011, 14:11
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