AFTER the recent euphoria over glove stocks, business writers and journalists tend to compare the market capitalisation of some of these glove companies with other sectors or companies.
Recently, there were comparisons made between Top Glove Corp and Maybank as the former is not to far away from taking the top spot as Malaysia’s largest market capitalisation stock.
Not long ago, Top Glove was compared with the entire property sector as its market capitalisation surpassed that of almost one hundred companies in the once “buzzing” property sector. Who would have thought that one individual stock could surpass the entire market value of the property sector?
Media Title: The Star
Date: 03 Oct 2020