Bursa Malaysia News & Quotes

 

Top 68 Rubber Glove Makers Latest News Alerts.

CPO futures rise on export recovery hopes - (8 Sep 2010)

CPO FUTURES

CRUDE palm oil futures prices on Bursa Malaysia Derivatives ended higher yesterday on hopes of a recovery in exports this month, dealers said.

They said despite the we

Glove Makers Fall More On FX, Latex Price Worries - (7 Sep 2010)

[Updated] Latex glove makers continue to fall on concerns over higher latex prices, MYR appreciation vs USD, potential supply glut. Top Glove (7113.KU) down 2.9% at MYR5.67, Supermax (7106.KU) down 2.5% at MYR4.71, Kossan Rubber (7153.KU) down 0.9% at MYR3.16, Adventa (7191.KU) down 1.2% at MYR2.40,

Palm futures hit 3-week high - (7 Sep 2010)

CPO FUTURES

CRUDE palm oil (CPO) futures prices hit a three-week high yesterday as market players took up positions ahead of the Hari Raya Aidilfitri holidays, dealers said.

The

Blue chips on Bursa to stage correction - (6 Sep 2010)

Bursa Malaysia blue chips extended their winning streak for a third straight week encouraged by stronger-than-estimated economic data from Australia, China and the US which improved the global recover

Foreign direct investments vs domestic investments - (6 Sep 2010)

THE domestic debate on whether a country should focus on foreign direct investments (FDIs) or direct domestic investments (DDIs) is gaining traction as Malaysia moves towards increasing private invest

RM32m dividends for Risda smallholders - (5 Sep 2010)

The Rubber Industry Smallholders Development Authority (Risda) has allocated RM31.8 million as dividends for 8,697 rubber smallholders involved in the Cluster Replanting Programme (RTBB) and Commercia

Palm futures climb on short-covering - (4 Sep 2010)

CPO FUTURES

MALAYSIAN crude palm oil futures closed more than 1 per cent higher yesterday on short-covering ahead of the Muslim festive season, but a firmer ringgit capped gains, a trade

sector - (4 Sep 2010)

KUALA LUMPUR: The government aims to attract more private investments in the rubber and its related industries as the sector is important for the country amid its bullish outlook.

Rubber prices set to stay firmer - (4 Sep 2010)

Malaysian rubber prices are expected to remain steady next week, underpinned by bullish fundamentals of the regional market, a dealer said.

The market, however would see a smaller number of

Malaysia mulls gas imports to support manufacturers' needs - (4 Sep 2010)

MALAYSIA may import natural gas needed by manufacturers to support existing and new investments.

"It is one of the options we're looking at, but we would need specific infrastructure like jet

Malaysia's rubber product exports set to rise to RM11.1b - (4 Sep 2010)

For the first seven months of 2010, exports totalled RM9.23 billion, beating the RM6.94 billion recorded during the same period in 2009, said International Trade and Industry Minister Datuk Seri Mus

outlook to improve - (3 Sep 2010)

The country’s rubber industry outlook is expected to improve this year as glovemakers draw an additional RM400 million in investments in 2010 and exports expanded.

Malaysia rubber exports to hit RM11.1b - (3 Sep 2010)

Malaysia’s rubber industry outlook is expected to improve with product exports set to reach RM11.1 billion this year as global demand rebounds, Trade Minister Mustapa Mohamed said in a speech in

Nine M’sian firms make it to Forbes’ Best under a Billion - (3 Sep 2010)

SINGAPORE: Nine Malaysian companies made it to the Forbes Asia’s Best under a Billion list this year compared with eight companies last year, according to Forbes Asia.

Present key rates to boost exports: Mustapa - (3 Sep 2010)

The status quo on the overnight policy rate (OPR) is expected to help boost the country’s exports as the cost of funding will be maintained at the current level, said Minister of International T

Call to scrap import duty on used tyres - (3 Sep 2010)

The Tyre Retreading Manufacturers Association of Malaysia (TRMAM) has asked import duty for tyre casing or used tyres be abolished for the betterment of the industry.

Such a move will be a bi

Mixed close for CPO futures - (3 Sep 2010)

CPO FUTURES

CRUDE palm oil futures prices on Bursa Malaysia Derivatives ended mixed yesterday, with the benchmark November contract settling RM7 higher at RM2,542 per tonne.

A de

Mixed close for CPO futures - Business Times - Malaysia - (2 Sep 2010)


Mixed close for CPO futures
Business Times - Malaysia
CRUDE palm oil futures prices on Bursa Malaysia Derivatives ended mixed yesterday, with the benchmark November contract settling RM7 higher at RM2,542 per ...

Malaysia corporate earnings within expectations - (2 Sep 2010)

THE outcome of the recently-concluded financial reporting season was generally expected with only a few surprises, analysts said.

"In general, corporate earnings were largely within our expect

Palm futures ease as players take profits - (2 Sep 2010)

CPO FUTURES

MALAYSIAN crude palm oil futures ended more than 1 per cent lower on yesterday, as players booked profits after data from cargo surveyors showed lacklustre overseas demand.

Palm futures ease as players take profits - Business Times - Malaysia - (1 Sep 2010)


Palm futures ease as players take profits
Business Times - Malaysia
The benchmark November crude palm oil contract on Bursa Malaysia Derivatives Exchange dropped RM35 to RM2,535 per tonne. The Malaysian market was closed the ...

and more »

Palm futures climb ahead of Hari Raya - (31 Aug 2010)

CPO FUTURES

CRUDE palm oil (CPO) futures prices on Bursa Malaysia Derivatives ended higher yesterday on active trade ahead of the upcoming Hari Raya Aidil Fitri.

A dealer said de

Palm futures climb ahead of Hari Raya - Business Times - Malaysia - (30 Aug 2010)


Palm futures climb ahead of Hari Raya
Business Times - Malaysia
CRUDE palm oil (CPO) futures prices on Bursa Malaysia Derivatives ended higher yesterday on active trade ahead of the upcoming Hari Raya Aidil Fitri. ...

FBM KLCI correction imminent - (30 Aug 2010)

While blue chips extended gains a second week sparked by better-than-expected second quarter earnings to sustain a breakout rally on the benchmark index to a fresh 30-month high, lower liners and smal

CPO futures steadier amid talks of bad weather - (28 Aug 2010)

CPO FUTURES

PRICES of crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended higher yesterday amid talks of new price and bad weather.

The market is reacting p

Rubber prices set to to be firmer - (28 Aug 2010)

Malaysian rubber prices are expected to be firmer next week, tracking the rubber futures prices on regional markets, such as the Tokyo Commodity Exchange, dealers said.

A dealer said China,

CPO futures steadier amid talks of bad weather - Business Times - Malaysia - (27 Aug 2010)


CPO futures steadier amid talks of bad weather
Business Times - Malaysia
PRICES of crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended higher yesterday amid talks of new price and bad weather. ...

'Buy' call on Kossan, Supermax maintained - (27 Aug 2010)

OSK Research has maintained a buy decision on Supermax Corporation Bhd and Kossan Rubber Industries, saying their financial results were within expectations.

The research house maintained its t

Supermax Q2 net profit surges 78pc to RM46m - (27 Aug 2010)

THE world's second largest rubber glovemaker Supermax Corp Bhd (7106) says its second-quarte

Commodities finish steadier - (27 Aug 2010)

CPO FUTURES

PRICES of crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended higher yesterday on the back of strong crude oil price, dealers said.

Crude oil fu

gloves - (27 Aug 2010)

PETALING JAYA: Supermax Corp Bhd registered a net profit of RM45.9mil for the second quarter ended June 30, 77.9% higher compared with the RM25.8mil posted a year ago, driven by revenue growth and cost savings from higher efficiency and productivity from improved processes and refurbished lines.

Kossan may stage follow-through rebound - (27 Aug 2010)

SHARE prices on Bursa Malaysia resumed their prior technical rebounds yesterday after a short and brief consolidation on Wednesday. Overall advancing counters outpaced declining counters by 353 to 333

Commodities finish steadier - Business Times - Malaysia - (26 Aug 2010)


Commodities finish steadier
Business Times - Malaysia
PRICES of crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended higher yesterday on the back of strong crude oil price, dealers said. ...

Supermax Q2 net income rises to RM45.9m - (26 Aug 2010)

SUPERMAX Corp, a Malaysian rubber-glove maker, said second-quarter net income rose to RM45.9 million from RM25.8 million a year earlier. Sales gained to RM234.8 million from RM188.5 million, it said i

CPO futures decline as exports drop - (26 Aug 2010)

CPO FUTURES

CRUDE palm oil futures prices on Bursa Malaysia Derivatives declined slightly yesterday in reaction to weaker export data, dealers said.

Cargo surveyor Intertek Te

Supermax posts higher Q2 net profit - (26 Aug 2010)

Supermax Corp Bhd recorded a 77.8% jump in net profit to RM45.9mil for the second quarter ended June 30 versus RM25.8mil in the same quarter last year due to strong global demand for rubber gloves, higher selling prices and cost savings.

CPO futures easier on technical selling - (25 Aug 2010)

CPO FUTURES

CRUDE palm oil (CPO) futures prices on Bursa Malaysia Derivatives were lower at close yesterday due to technical selling, dealers said.

They said some market players w

MMC Posts RM175.236 Million Pre-Tax Profit In Second Quarter - Bernama - (24 Aug 2010)


MMC Posts RM175.236 Million Pre-Tax Profit In Second Quarter
Bernama
Revenue rose to RM2.307 billion from RM2.165 billion previously, it said in a statement to Bursa Malaysia. For the first half of 2010, MMC recorded a higher ...

and more »

Palm futures end higher on short-covering - (24 Aug 2010)

CPO FUTURES

CRUDE palm oil (CPO) futures prices on Bursa Malaysia Derivatives were higher at close yesterday on short-covering activities, dealers said.

They said that higher soya

When tech tanks - (21 Aug 2010)

Investor expectations often overtake reality after companies announce plans to benefit from novel technologies.

When tech tanks - Malaysia Star - (20 Aug 2010)


When tech tanks
Malaysia Star
StemLife and TMC enjoyed a good run on Bursa Malaysia a few years ago, buoyed by the promise that one day, stem cells will be a huge (and lucrative) part of ...

MD: Hartalega don’t rely on outbreak for growth - (19 Aug 2010)

PETALING JAYA: Hartalega Holdings Bhd has never relied on flu outbreak like the one that happened last year to grow its business, said managing director Kuan Kam Hon.

CPO prices boost KLK Q3 net profit - (19 Aug 2010)

PETALING JAYA: Kuala Lumpur Kepong Bhd (KLK) registered a net profit of RM243.5mil in the third quarter ended June 30, 28% higher than RM190.2mil posted in the same period last year, mainly driven by the improvement in its plantation, manufacturing and retailing sectors.

CPO prices boost KLK Q3 net profit - Malaysia Star - (18 Aug 2010)


CPO prices boost KLK Q3 net profit
Malaysia Star
In a filing with Bursa Malaysia, KLK said the group's third-quarter pre-tax profit climbed 34% to RM320.6mil. “The plantation sector profit improved 42.6% ...

and more »

Palm futures end sharply lower - Business Times - Malaysia - (16 Aug 2010)


Palm futures end sharply lower
Business Times - Malaysia
CRUDE palm oil (CPO) futures prices on Bursa Malaysia Derivatives ended sharply lower yesterday on concerns over supply for the upcoming festive season, ...

glove idustry - (13 Aug 2010)

KUALA LUMPUR: Although the earnings trend for rubber glove companies moving forward is still unpredictable, analysts say the current lower entry levels provide an opportunity to enter the stocks.

Palm futures decline due to lack of fresh leads - Business Times - Malaysia - (12 Aug 2010)


Palm futures decline due to lack of fresh leads
Business Times - Malaysia
CRUDE palm oil (CPO) futures prices on Bursa Malaysia Derivatives closed lower yesterday due to lack of fresh leads and a decline in other commodity markets ...

glove industry - (12 Aug 2010)

CAN it be that the stock market’s love affair with rubber glove manufacturers is on the rocks amid signs that there will be no repeat of the industry boom like last year?

Support Line - (12 Aug 2010)

By K.M. LEE

Weaker demand may hurt glovemakers - (10 Aug 2010)

PETALING JAYA: The weaker demand for rubber coupled with the weaker US dollar and high latex costs may make the cost pass-through, a mainstay of margins among manufacturers here, increasingly difficult.

Planters concerned over new accounting standard - (9 Aug 2010)

PETALING JAYA: Local plantation players are getting apprehensive about the implementation of the International Accounting Standard 41 for Agriculture (IAS 41) in Malaysia, which they claim will have negative implications on the industry’s accounting practices.

RM82bil construction projects in M'sia this year - (4 Aug 2010)

KUALA LUMPUR: The Construc-tion Industry Development Board (CIDB) expects RM82.3bil and RM70bil worth of construction and infrastructure projects to be implemented in 2010 and 2011 respectively.

Chinese output growth slows again as curbs bite - (2 Aug 2010)

BEIJING: China’s vast manufacturing sector cooled further last month as the government kept its foot on the credit brakes and held firm in its efforts to deter real estate speculation.

Advantage for M'sian furniture exporters - (29 Jul 2010)

MUAR: Malaysian furniture exporters are encouraged to strengthen their position in the international market following some shortcomings in the Chinese furniture industry.

Mardec plans South-East Asia expansion - (26 Jul 2010)

KUALA LUMPUR: Rubber processor Mardec Bhd plans to expand its overseas investments via new rubber processing plants and acquisition of rubber plantations in South-East Asia, said chief executive officer Khalid Bahsoon.

Cosy auditors - (24 Jul 2010)

Shireen Muhiudeen asks whether companies should replace their audit firms.

grades - (21 Jul 2010)

KUALA LUMPUR: The Malaysian Rubber Board’s (MRB) proposal to revise the Standard Malaysian Rubber (SMR) scheme could result in less than five SMR rubber grades being traded and exported in the world market instead of nine currently.

Firm Q2 earnings growth seen for three sectors - (21 Jul 2010)

PETALING JAYA: The second-quarter earnings season should see a “firm” quarter-on-quarter growth trend for the banking, consumer and semiconductor sectors while aviation and rubber glove companies are likely to experience contractions, analysts predict.

needed - (20 Jul 2010)

AFTER more than 40 years in existence, the Standard Malaysian Rubber (SMR) grades have today become one of the most widely used benchmarks for rubber prices on the world markets.

Managing one of world’s largest unlisted plantation firms is no child’s play - (19 Jul 2010)

AFTER the exit of Datuk Mohd Bakke Salleh, the task of managing Felda Global Ventures Holdings Sdn Bhd and Felda Holdings Bhd is once again entrusted in the hands of another Felda outsider, Datuk Sabri Ahmad.

Agrobank set to expand loans to rubber sector - (16 Jul 2010)

Currently, only 7 per cent of the bank's total loans of RM5.6 billion is allocated for rubber activities.

"Businesses are growing big in rubber and we expect an uptake in the number of loan

output up 19.7% - (14 Jul 2010)

KUALA LUMPUR: Malaysia produced 65,254 tonnes of natural rubber (NR) in May this year, an increase of 19.7% or 10,724 tonnes from the previous month.

Top Glove and Tillotson agree to dismiss all claims against each other - (7 Jul 2010)

PETALING JAYA: Top Glove Bhd and Tillotson Corp of the United States have reached a settlement whereby all claims in the action against Top Glove Sdn Bhd, TG Medical Sdn Bhd and TG Medical (USA) Inc (Top Glove companies) and any and all counterclaims in this action against Tillotson will be dismissed with each party be

planting schemes to give Sarawak a boost - (5 Jul 2010)

KUCHING: The Sarawak rubber industry will get a big boost from new planting programmes, with four agencies targeting to develop a combined 7,300ha a year under the 10th Malaysia Plan (2011-2015).

Rebuilding a city – chance to right some of the wrongs - (3 Jul 2010)

REBUILDING a city to make it relevant for the present generation of city folks will not be an easy task as it involves many stakeholders including land and asset owners, the common folks, and the authorities.

Give the board a break - (3 Jul 2010)

From Woo Yoke Meng, Kuching.

MRCB: Buy, target price RM1.80 - (2 Jul 2010)

OSK Research has maintained its "buy" call on Malaysian Resources Corp Bhd (MRCB) (1651) as

The big spillover benefits of Greater KL plan - (28 Jun 2010)

PETALING JAYA: The redevelopment of a number of major goverment-owned assets to transform Kuala Lumpur and the other satellite towns in the Klang Valley, or the Greater Kuala Lumpur, into a leading global city has the potential to create significant spillover benefits to the country’s economy if it is planned holistica
 

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