Stocks that move today — Top Glove, Kumpulan Powernet, JAKS Resources, Uzma

Stocks that move today — Top Glove, Kumpulan Powernet, JAKS Resources, Uzma

The Edge Markets - Malaysia·2019-11-04 18:04

KUALA LUMPUR (Nov 4): Top Glove Corp Bhd gained 12 sen to RM4.52 today despite a caution note on the likelihood the glove manufacturer will be excluded from the member list of the FBM KLCI component stocks.

Top Glove is at risk of being removed from the FBM KLCI if the rubber glove manufacturer's share price deteriorates further, AllianceDBS Research Sdn Bhd analyst Quah He Wei wrote in a note today. "The semi-annual review of the (30) KLCI constituents will take place in December 2019 based on closing prices on Nov 30, 2019.

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