$TOPGLOV(7113.MY)$ I'm here to pick up the plate, everyone, hold on

$Top Glove(BVA.SG)$
$TOPGLOV(7113.MY)$ hit limit up on Wed, closing 31.25% higher to RM1.26. That's a 2-year high.
$HARTA(5168.MY)$'s share price, meanwhile, jumped to a 2-year high of RM3.83, before paring its gains to close at RM3.82.
The other two major glove stocks $SUPERMX(7106.MY)$ closed at a 2-year high of RM1.08, while $KOSSAN(7153.MY)$ settled at RM2.74 – its highest since Sep 2021.
The US tariff on China rubber medical and surgical gloves, means Malaysian glove players have the opport...

Today, the glove stock once again became the most beautiful boy in the game.
The main reason was that the US escalated the trade war to a higher level.
Yesterday evening,
The US President's Office announced the latest round of import tariff lists for Chinese products, which has drastically raised import tariffs on specific products from China. The products involved are as follows:
1. Steel and aluminum (2024, increase from 0-7.5% to 25%)
2. Semiconductors (increase from 25% to 50% in 2025)
3. Electric vehicles (2024, increase from 25% to 100%)
4. Lithium-ion batteries (increase from 7.5% to 25% in 2024)
5. Electric vehicle battery components (increase from 7.5% to 25% in 2024)
6. Solar cells (2024, increase from 25% to 50%)
10. Medical syringes and needles (increase from 0% to 50% in 2024)
7. Personal protective equipment, including certain respirators and masks (in 2024, increase from 0-7.5% to 25%)
8. Rubber medical and surgical gloves (2026, increase from 7.5% to 25%)
This measure,
Nominally, in addition to encouraging the localization of American products,
It is also expected that it will allow American importers,
Shifting the source of product imports to Southeast Asia/South American countries.
Conceptually,
The beneficiaries of the Malaysian stock market are as follows:
1. Aluminum product manufacturer (extrusion/casting)
$LBALUM(9326.MY)$ $PA(7225.MY)$ $PMETAL(8869.MY)$
...

$HARTA(5168.MY)$ $TOPGLOV(7113.MY)$ very near limit up