Supermax Corp, a Malaysian rubber glove maker, rose to its highest level in six days after CIMB Investment Bank Bhd increased its share estimate to reflect higher demand and capacity expansion.
The stock climbed 0.9 per cent to RM6.96 at 9:08 a.m. local time, set for its highest close since April 14.
The share price estimate was raised to RM11.90 from RM9.65, CIMB said in a report today. -- Bloomberg
Read more: Supermax up higher price estimate http://www.btimes.com.my/articles/20100420092206/Article/#ixzz0lcM1Snfx
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