Malaysia's Top Glove shares tumble after govt says factories to be shut
Shares in Malaysia`s Top Glove slumped 7.5% on Tuesday, after the government said some of its factories would be closed in stages for COVID-19 screening and quarantine, as more than 2,000 of its workers tested positive for the disease.
The world`s largest maker of latex gloves has racked up record profits this year on sky-rocketing demand for its products and protective gear, thanks to the pandemic.