ERJ Rubber Processor Shares

London – Share prices of major rubber goods manufacturers monitored by ERJ provided a mixed picture, with rubber gloves makers mostly maintaining a positive growth trajectory.

Top Glove, however, saw a 3.5% decline in stock value over the four weeks to 6 Oct, partially reflecting the group’s ongoing labour issues with the US customs and border protection agency.

Rubber processors’ shares fluctuated during the four-week period, as Avon and Gates saw small gains in value. Sweden-based Hexpol and Trelleborg both saw shares' value drop.

On the back of the strong growth in their medical segments, Semperit AG and Daetwyler saw the biggest monthly rises in share prices.

Avon Rubber plc (LSE)                             £4.275 (9 Oct) to £4.285 (6 Nov) – up 0.0%
Daetwyler Holding AG (SWX)                        CHF214.00 to CHF227.0 – up 6%
Trelleborg AB (STO)                               SEK170.30 to SEK160.05 – down 6%
Hexpol AB (STO)                                   SEK86.10 to SEK83.10 – down 3%
Semperit AG (VSE)                                 €21.85 to €23.07–  up 5%
Gates Corp. (NYSE)                                $11.81 to $12.04 – up 1%
Top Glove (KLSE)                                  MYR8.80 to MYR8.50 – down 3.5%
Kossan Rubber (KLSE)                              MYR7.23 to MYR7.49 – up 3.5%
Supermax Corp. (KLSE)                             MYR9.54 to MYR9.78 – up 2.5%