Monday, August 9, 2010

Top Glove,Kossan downgraded at HwangDBS

op Glove Corp, the world's biggest rubber-glove maker, and Malaysian rival Kossan Rubber Industries Bhd, had their stock rating cuts at HwangDBS Vickers Research Sdn Bhd to reflect weaker demand and margin pressure.

Top glove was cut to 'fully valued' from 'buy' while Kossan was reduced to 'fully valued' from 'hold,' HwangDBS said in a report today. - Bloomberg

No comments:

Post a Comment