Strong dollar benefits rubber-based manufacturers

KUALA LUMPUR: Rubber glove and condom counters on Bursa Malaysia continue to outperform the whole stock market by about 40 per cent, despite their share prices having settled quite a bit for the past week. For the past two months, the drastic strengthening of the US dollar against the ringgit had enhanced the appeal of rubber glove-makers counters such as Hartalega Holdings Bhd, Top Glove Corp Bhd, Supermax Corp Bhd and Kossan Rubber Industries Bhd including that of condom manufacturer Karex Bhd