KUALA LUMPUR (Nov 18): Top Glove should see improved demand for its products over the next few quarters, Affin Hwang Capital says. The Malaysian glove maker is expected to benefit from the imposition of 15% tariffs on China-made gloves by the U.S. The Malaysian market had been hurt by U.S. retailers stocking up on China-made gloves prior to the imposition of the tariffs on Sept. 19. 

AffiN Hwang expects Top Glove's sales to start picking up in the last few months of 2019, and raises the rating on the stock to buy from sell at a higher target price of RM5.20 from RM4.10 previously.